Question
Expiration Strike Last Volume Open Interest Last Volume Open Interest Jan 190 4.40 815 5697 1.75 507 2496 Feb 190 6.75 402 2808 3.00 3553
Expiration | Strike | Last | Volume | Open Interest | Last | Volume | Open Interest |
Jan | 190 | 4.40 | 815 | 5697 | 1.75 | 507 | 2496 |
Feb | 190 | 6.75 | 402 | 2808 | 3.00 | 3553 | 10377 |
Apr | 190 | 8.85 | 107 | 1866 | 5.20 | 527 | 2177 |
Jul | 190 | 10.95 | 15 | 645 | 8.54 | 6 | 1142 |
Jan | 195 | 0.01 | 2451 | 11718 | 0.70 | 4090 | 8862 |
Feb | 195 | 3.65 | 1337 | 11902 | 5.00 | 860 | 3156 |
Apr | 195 | 5.90 | 1785 | 2928 | 7.30 | 934 | 1141 |
Jul | 195 | 8.45 | 13 | 5773 | 10.85 | 22 | 3419 |
a. Calculate the payoff and profit at expiration for the February 190 calls, if you purchase the option at the stated price and at expiration the stock price is $195.
b. Calculate the payoff and profit at expiration for the February 195 puts, if you purchase the option at the stated price and at expiration the stock price is $195.
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