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The common stock of Tesla Inc.s stock (TSLA) is currently trading at $730 per share. Consider the following options that are on one share of
The common stock of Tesla Inc.s stock (TSLA) is currently trading at $730 per share. Consider the following options that are on one share of (TSLA) and have the same delivery date of May 15th, 2020.
- Call option with a strike price of $700 and premium of $107
- Call option with a strike price of $730 and premium of $90
- Call option with a strike price of $760 and premium of $75
- Put option with a strike price of $730 and premium of $13
- Put option with a strike price of $700 and premium of $7
You have implemented a butterfly spread with these options. The break-even prices for your strategy are $_______ and $_______ . The maximum possible profit from it is $_______ and minimum possible profit is $_______ . If necessary, round your answers to the nearest $1.
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