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Need help figuring these out. Please show the work, I want to learn!! Will leave like You are a new hire at a hedge fund

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Need help figuring these out. Please show the work, I want to learn!! Will leave like

You are a new hire at a hedge fund that specializes in options trading. Your boss asks you to get your feet wet by analyzing a potential investment in Apple (AAPL) put options. Their specific questions include: 1. I want to understand the current pricing of the put options we are considering. Yahoo Finance is a good source for data on options prices. a. Start by looking at options that expire on November 17, 2023. What strike price is closest to being at the money? What is the current price of this put option? b. Plot put option price (y-axis) vs. strike price (x-axis) for November 17, 2023 put options with strike prices ranging from $125 to $225. Some of these contracts may not have traded recently, so estimate the price of each option based on the midpoint (average) of the bid and the ask. Which options are in the money and which are out of the money? How does put price vary with strike price? Is the relation linear? Why would put prices have this pattern? c. Now do the same thing for put options expiring on January 19, 2024. Add this to the same plot in a different color. How do the prices compare to one another? Do these put prices have the same relation to strike prices as the November 17 options? What explains any differences you notice? 2. I want to buy the January 19,2024 put option with a strike price of $170. a. How much will one contract cost us? Keep in mind the size of a contract! b. I'm bearish on Apple. If it has a price of $150 on January 19, 2024, what will our holding period return be? c. Even though I am bearish, I don't know what Apple's price will be for sure. I would like to see some different scenarios. Plot the return our investment will generate ( y axis) under a range of different scenarios for Apple's price on January 19, 2024 (xaxis) ranging from $125 to $225

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