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The graph below lists the quotes from CBOE on 28 July, 2020, for options on Alibaba stock expiring Sept 4, 2020. Alibaba will not pay

The graph below lists the quotes from CBOE on 28 July, 2020, for options on Alibaba stock expiring Sept 4, 2020. Alibaba will not pay a dividend during this period. Show your work on whether we should early exercise the Call option with $247.500 strike price, and the Put option with $255.00.

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BABA (ALIBABA GROUP HOLDING LTD - ADR) Jul 28, 2020 @ 13:20 ET (Delayed) BID 251.15 ASK 251.22 VOL 4,673,518 LAST 251.17 CHANGE +0.31 (+0.12%) Filters by: Volume: All Expiration Type: All Options Range: Near the Money Expiration: 2020 September View Chain Options Chain Total Records: 8 Calls 09/04/2020 Puts Last Net Bid Ask Vol IV Delta Gamma Int Strike Last Net Bid Ask Vol IV Delta Gamma Int 13.79 0 14.1 14.6 0 0.3855 0.5725 0.0125 3 BABA 247.500 11.2 +0.925 10.2 10.75 1 0.3813 -0.4273 0.0127 1 12.8 -0.65 12.8 13.15 13 0.3831 0.5405 0.0128 25 BABA 250.000 12.44 +0.99 11.4 12.05 2 0.3816 -0.4597 0.0128 3 12.1 0 11.65 12 0 0.3835 0.5086 0.0128 7 BABA 252.500 0 0 12.8 13.2 0 0.38 -0.4918 0.0129 0 10.52 0 10.55 11 0 0.3853 0.4772 0.0127 6 BABA 255.000 14.9 +0.825 14.25 14.65 10 0.3825 -0.5233 0.0128 0

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