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the table below describes the price, elasticity, and strike price of three call options. All three of the options have the same underlying asset. Option

the table below describes the price, elasticity, and strike price of three call options. All three of the options have
the same underlying asset.
Option A Option B Option C
Price 9.9867.9856.307
Elasticity 4.3674.7945.227
Strike Price 626670
An investor purchases one of Option A and one of Option B. The investor writes one of Option C.
Calculate the elasticity of the investors position. Answer: 4.1

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