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On April 6, 2020, the price of Apple Inc. stock was 262.43. Assume you observe the following prices of European PUTS on the stock: Strike
On April 6, 2020, the price of Apple Inc. stock was 262.43. Assume you observe the following prices of European PUTS on the stock:
Strike | Premium |
$245 | $6.16 |
$250 | $5.15 |
$255 | $12.22 |
$260 | $13.45 |
There are three optons for which one can construct an arbitrage butterfly strategy. The minimum profit per share for this strategy is_____ , and the maximum profit per share is______
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