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Use the table below showing the available June 2021 options for Milano Internal Corp (MIC), which currently trades for $109.57, to answer the following questions.
Use the table below showing the available June 2021 options for Milano Internal Corp (MIC), which currently trades for $109.57, to answer the following questions. Assume at expiration that MIC trades for $127. Ignore taxes and transaction costs. Calls Puts Last Change Bid Ask Volume Openint Strike Last Change Ed Volume Open in Last Trade 109.57 07/31/20 &00 PM ET 11.45 -460 10.95 1450 12 112 110.00 13.22 14.10 1750 150 158 -0.91 9.00 12.50 25 264 115.00 13.61 17.05 20.00 o 131 781 219 7.20 10.50 3 41 120.00 20:24 -3.64 20.05 2285 30 0.55 0 175.00 6400 69.00 0 1. How much will someone pay to buy a call option with $110 strike price? a put option with $110 strike price? 2. What is the net profit or loss in dollars per share for someone who buys the $115 straddle
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