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Gen El (GE) Expiration Strike Call Last Volume Open Interest Last Volume Open Interest Jun 17.00 2.18 166 Jun 18.00 1.35 998 Jun 19.00
Gen El (GE) Expiration Strike Call Last Volume Open Interest Last Volume Open Interest Jun 17.00 2.18 166 Jun 18.00 1.35 998 Jun 19.00 0.75 9304 Jun 20.00 0.34 2916 Underlying stock price*: 18.95 Put 61825 0.22 2140 88907 0.41 59264 0.78 64367 1.46 12271 4010 554 45692 30692 19372 8256 Using the information in the table, create a butterfly spread using the call options with strike price of 17, 18 and 19. What is the breakeven point of the butterfly spread? There are tow breakeven points. Enter the higher breakeven point as your answer. Assume that the time value of money is zero.
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
