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Question 1 The data below shows information on stock options for the Boeing Company (BA) which is currently trading on the NYSE at $176.14. Use

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Question 1 The data below shows information on stock options for the Boeing Company (BA) which is currently trading on the NYSE at $176.14. Use the last prices for the options shown below in your calculation if applicable. Calls for September 25, 2020 Last Last % Open Implied Trade Pric Chan Chang Volu Intere Volatili Contract Name Date Strike e Bid Ask ge me st ty 2020- BA200925C00150 08-10 150.0 31.9 29.0 30.0 +5.45 000 10:22A 0 5 0 0 +1.65 % 5 5 53.81% MEDT Puts for September 25, 2020 Last Last % Open Implied Trade Pric As Chang Chang Volum Intere Volatilit Contract Name Date Strike e Bid k st y 2020- BA200925P00120 08-12 120.0 0.38 0.3 0.5 10:43A 0 5 -0.03 9 7.32% 3 60.30% M EDT a. Your analysis shows that the share price might decline sharply to $100.50 USD in late September, 2020. Using supporting calculations if you are correct in your analysis, explain the actions you would take today as well on September 24" 2020 and why, if: i) You are a speculator who does not own the stock but has $90,000 USD to execute a transaction which requires a 60% margin. (10 marks) ii) You are a portfolio manager who owns 200,000 units of the stock (10 marks)

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