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Question 5 [ Profit of call and put option] a. A speculator has purchased one lot of call option in CME of Apple Inc. Common

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Question 5 [ Profit of call and put option] a. A speculator has purchased one lot of call option in CME of Apple Inc. Common stock : Stock price $ 444 , Strike price $ 440, Call option premium $ 10.50. Lot size 100 shares. If the stock price on expiration is $ 465 , find out profit / loss of the call option. b. A speculator has purchased one lot of put option in CME of Apple Inc. Common stock: Stock price $ 444 , Strike price $ 440, Call option premium $ 6.15. Lot size 100 shares. If the stock price on expiration is $ 465, find out profit / loss of the put option

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