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Research the information about share of Apple and options on them. Pick a put option and call option with the same strike (exercise) price, which
Research the information about share of Apple and options on them. Pick a put option and call option with the same strike (exercise) price, which is close to the money, that is, options with a strike (exercise) price close to the current stock price.
a. Use put/call parity to calculate the fair value of the put option. (Assume that the annual risk-free rate is 1.5%).
b. Is the actual price of the put option equal to its fair value according to the put/call parity? What can explain deviations of actual price from the fair value?
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