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table [ [ Ticker , , Bid,Ask,Last,IVM,Volume ] , [ TGT 3 / 1 8 / 2 2 , C 2 0 0 ,

\table[[Ticker,,Bid,Ask,Last,IVM,Volume],[TGT 3/18/22,C200,20.15,21.60,29.00y,35.07,],[TGT 318?22,C210,13.45,13.80,14.25,32.58,16],[TGT 318?22,C220,8.35,8.65,9.65,31.34,20],[TGT 318?22,C230,4.85,5.15,5.10,31.07,35],[TGT 318?22,C240,2.70,2.95,2.85,31.08,16]]
\table[[,,Puts],[Ticker,Bid,Ask,Last,IVM,Volume,],[TGT 3/18/22 P200,5.00,5.15,4.95,34.16,18,],[TGT 3/18/22 P210,8.30,8.50,8.35,32.35,38,],[TGT 3/18/22 P220,12.85,13.45,12.55,31.34,6,],[TGT 3/18/22 P230,19.15,19.80,18.49,30.06,9,],[TGT 3/18/22 P240,26.05,27.80,25.83,28.44,5,],[Source: Bloomberg Finance L.P.,,,,,,]]
Assume you purchased the right to sell 2,000 shares of Target stock in March 2022 at a strike price of $220 per share. Suppose Target stock sells for $204 per share immediately before your options' expiration. What is the rate of return on your investment? What is your rate of return if the stock sells for $236 per share (think about it)? Assume your holding period for this investment is exactly three months.
Note: A negaive value should be indicated by a minus sign. Do not round intermediate calculations. Enter your 3-month returns as a percent rounded to 2 decimal places.
\table[[Return on investment at $204,%
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