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Nagini is an options investor who wants to create a call spread by going long on a PYPL 98.000 call and shorting a PYPL 93.000
Nagini is an options investor who wants to create a call spread by going long on a PYPL 98.000 call and shorting a PYPL 93.000 call. Using the option chain for Paypal Holdings Inc shown here, what would be the net premium gain (cost) for this option spread play? Ask Vol 5.3 14 Calls Last Net Bid Ask Vol 7.35 -5.425 7.05 7.25 6 6.5 -5.5 6.55 6.9 15 6.1 -5.2 6.05 6.35 72 5.67 -4.88 5.55 5.75 267 5.25 -4,6 5.1 5.35 353 5.85 6 IV Delta Gamma Int 0.81 0.6064 0.0245 6 0.81 0.5812 0.025 2 0.8 0.5557 0.0254 20 0.8 0.53 0.0257 1 0.8 0.5042 0.0259 6 0.79 0.4785 0.026 25 Fri May 06 2022 ^ Puts Strike Last Net Bid PYPL 93.000 5.2 +3.125 5.05 PYPL 94.000 5.65 +3.33 5.45 PYPL 95.000 6.3 +3.735 6.1 PYPL 96.000 6.55 +3.69 6.6 PYPL 97.000 6.8 +3.65 7.15 PYPL 98.000 7.83 +4.38 7.65 6.35 96 IV Delta Gamma Int 0.77 -0.394 0.0246 13 0.76 -0.4192 0.0251 7 0.76 -0.4447 0.0255 197 0.76 -0.4705 0.0258 14 0.75 -0.4963 0.0259 12 0.75 -0.522 0.026 21 6.8 47 7.55 42 4.7 -4.5 4.6 5.05 99 8 17 O $ (2.05) O $ 6.05 O $ 2.00 O $ 12.10 0 $ (12.10)
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