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Was the Dec. 20 FB 195 call in or out of the money? What was the intrinsic value of this option? What was the time
Was the Dec. 20 FB 195 call in or out of the money? What was the intrinsic value of this option? What was the time value of this option?
On Wednesday, Nov. 13, 2019, Facebook stock (symbol FB) closed at $193.21 a share, down $1.28 on the day. Consider the following chart giving the premium as of close of trading on that day on various options on Facebook shares: FB (FACEBOOK INC) Nov 13, 2019 @ 18:36 ET (Delayed) LAST 193.21 CHANGE -1.28 (-0.66%) Calls Last Net 11.16 -1.14 7.8 -0.95 5.1 -0.75 3.02 -0.605 BID 193.2 ASK 193.31 VOL 10,998,531 12/20/2019 Puts Bid Ask Vol Strike Last Net 11.15 11.3 183 FB 185.000 2.64 +0.235 7.75 79 6,556 FB 190.000 4.2 +0.325 5 5.1 1,882 FB 195.000 6.5 +0.55 2.99 3.05 5,285 FB 200.000 9.4 +0.65 Bid Ask 2.61 2.69 4.15 4.3 6.4 6.55 9.35 9.55 Vol 328 7,813 600 155Step by Step Solution
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