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The purpose of this exercise is to compare the return on Tesla stock with the return on a set of options strategies. All returns should

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The purpose of this exercise is to compare the return on Tesla stock with the return on a set of options strategies. All returns should be calculated between November 15 and November 25. The Excel file includes price data for both dates. All options expire on December 9. Tesla's stock price was $194.42 on November 15 and \$182.86 on November 25 . Tesla does not pay dividends. Ignore margin requirements. For simplicity, assume that you can trade options at the midpoint price. One option contract is for 100 shares of the underlying. For the period between November 15 and November 25 , calculate the dollar profit and the percentage return on the following strategies. A. Long 100 shares of Tesla B. Long at-the-money call option contract (X=195) C. Long at-the-money put option contract (X=195) \begin{tabular}{|l|r|r|r|r|l|l|l|l|l|} \hline \multicolumn{1}{|l|}{ Tesla Strike } & \multicolumn{1}{l|}{194.42} \\ \hline \end{tabular}

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