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In two different markets, you see the following prices. Market #1: 20 Call =5.50,20 Put =3.50, Underlying =22 Market #2: 110 Put =9.50,115 Put =2.50,

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In two different markets, you see the following prices. Market #1: 20 Call =5.50,20 Put =3.50, Underlying =22 Market #2: 110 Put =9.50,115 Put =2.50, Underlying =110 You can trade in either market, but not both. Please describe: What trades will you do to lock in the highest amount of profit? How much profit (to one decimal place)

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