You are a junior analyst at Options-2-go. Today, you are evaluating a call option on TSLA. with a strike price of $488. If TSLA is able to develop a new technology, the price per share will go up to $735. Otherwise, the price will go down to $365. Let's assume that these are the only two possible scenarios. TSLA shares today are trading at $464. You know that the risk-free rate is 5% (let's assume it is). What is the price of this call option? Please round your answer to the nearest three decimals (i.e. 5.441).

You are a junior analyst at Options-2-go. Today, you are evaluating a put option on TSLA. with a strike price of $457.

If TSLA is able to develop a new technology, the price per share will go up to $691. Otherwise, the price will go down to $203. Let's assume that these are the only two possible scenarios. TSLA shares today are trading at $507. You know that the risk-free rate is 5% (let's assume it is).

What is the price of this put option?

Please round your answer to the nearest three decimals (i.e. 5.414).