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The following table lists prices of Apple options in April 2013 when Apple stock was selling for $510. Expiration Date July 2013 Exercise Price Call
The following table lists prices of Apple options in April 2013 when Apple stock was selling for $510. Expiration Date July 2013 Exercise Price Call Price Put Price $480 $44.06 $15.50 510 27.55 27.94 540 15.10 46.80 Use the data in the table to calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $515. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Round "Profit" answers to 2 decimal places.) Payoff Profit $ C. Call option with exercise price of a. $480 Put option with exercise price of b. $480 Call option with exercise price of $510 Put option with exercise price of d. $510 Call option with exercise price of e. $540 Put option with exercise price of f. $540 1100 111111 The following table lists prices of Apple options in April 2013 when Apple stock was selling for $510. Expiration Date July 2013 Exercise Price Call Price Put Price $480 $44.06 $15.50 510 27.55 27.94 540 15.10 46.80 Use the data in the table to calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $515. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Round "Profit" answers to 2 decimal places.) Payoff Profit $ C. Call option with exercise price of a. $480 Put option with exercise price of b. $480 Call option with exercise price of $510 Put option with exercise price of d. $510 Call option with exercise price of e. $540 Put option with exercise price of f. $540 1100 111111
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