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You may choose Walmart (ticker: WMT), Advanced Micro Devices (ticker.- AMD), Acvision Blizard (cker:ATVI'), or Square (ticker: SQ) for this assignment. Make sure that you

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You may choose Walmart (ticker: WMT), Advanced Micro Devices (ticker.- AMD), Acvision Blizard (cker:ATVI'), or Square (ticker: SQ) for this assignment. Make sure that you pay attention to when you should use the bid price vs. the ask price. Also, make sure that you focus on whether you are paying money or being paid (i.e., receiving money). Step 1: Navigate to BarChart.com 13 13. Type the name of your company (or its ticker symbol) into the search box at the top of the page (labeled with "Search for a symbol..."). In the left-side navigation menu, select "Options Prices" from under the "Options" label. Under the "Expiration" pulldown menu. select a date that is between 30 and 60 days in the future. You can go out to 90 days if the shorter time periods are not offered for your stock. Select "Near-the-money" and the "side-by-side" view option. You will need a screen snip (not a screenshot) of the options chain at the top of your paper. See below for an example. Expiration: 2020-06-19 (171] v Near-the-Money v Side-by-Side v .3. download 63 Days to expiration on 2020-06-19 Call: Puts Type Last 96019 Bid Ask Volume Open In: Last Trade Strike Type Last Bid Ask Volume Open In: Last Trade Ca | 51.50 5.239. 49.70 52.65 10 2.828 04117120 235.00 Put 4.99 4.50 5.00 142 7.036 04117120 Ca I 46.50 6723. 45.50 48.60 1 79 3.334 04117120 240.00 Put 5.60 5.45 5.75 683 11558 04117120 Ca I 41.95 8.31% 41.30 44.90 3 3.223 04117120 245.00 Pu: 6.65 6.05 6.65 398 5.171 04117120 Cal 39.50 -6 951- 38.85 40.00 248 6.983 04117120 250.00 Put 7.50 7.35 7.70 1.679 11.607 04117120 Cl | 34.73 9919'- 3310 36.85 64 1.972 04117120 255.00 Put 8.95 8.60 9.00 150 2.834 04117120 Cal 31.85 -9 853. 31.30 32.60 1 13 7.506 04117120 260.00 Put 10.32 9.40 10.25 589 8.281 04117120 Cal 28.66 5.511.. 27.75 29.15 257 5.183 04117120 265.00 Put 11.83 10.85 11.80 538 6.109 04117120 Cal 24.10 -15 731- 24.50 25.95 488 7.759 04117120 270.00 Put 13.25 12.70 13.45 689 10.051 04117120 Cal 21.87 43.049. 21.30 22.20 1.666 3.362 04117120 275.00 Pu: 15.25 14.25 15.25 1.246 1.880 04117120 Ca I 19.00 03.663. 18.35 19.30 1.204 9.431 04117120 280.00 Pu: 17.30 16.20 17.25 2.466 9.567 04117120 Cal 15.90 47.33% 16.00 16.50 739 1.571 04117120 285.00 Put 19.20 18.55 19.45 276 727 04117120 Cal 13.60 -16 563. 12.95 13.90 1.072 10.444 04117120 290.00 Put 22.00 >5 '11: 21.25 22.35 96 8.161 04117120 Cal 11.15 20.4191. 11.00 11.85 367 1.664 04117120 295.00 Put 26.82 .11 :91, 23.80 24.65 10 268 04117120 Cal 9.10 -20 873. 9.00 9.25 2.775 12.809 04117120 300.00 Put 27.57 -1 3;}: 26.05 28.15 214 8.389 04117120 Cal 7.25 23.6891. 6.90 8.10 219 2.230 04117120 305.00 Put 33.37 -17 293. 29.60 31.00 4 1.184 04117120 Cal 5.85 24.52% 5.35 6.20 1.037 8.072 04117120 310.00 Put 35.10 -6 491': 32.50 34.45 45 3.648 04117120 Ca | 4.50 23.739. 4.10 4.50 463 5.098 04117120 315.00 Put 37.30 ~11 3116 36.35 38.10 21 2.111 04116120 Cal 3.35 32.46%. 3.35 3.55 2.013 15.720 04117120 320.00 Put 43.80 ~10 893: 40.30 41.70 29 2.993 04117120 Ca I 2.60 33.33% 2.55 3.00 397 16.623 04117120 325.00 Pu: 47.75 '17.'-3'$'e 44.50 45.80 46 1.749 04117120 Cal 1.96 64.671: 1.92 2.00 969 9.595 04117120 330.00 Put 51.71 ~65\": 49.05 50.50 4.126 04117120 w Step 2: Download this word doc template ~L \\_/ ' 0 Add your name in the document header. 0 Add your company's name and ticker symbol in boldface at the top of the paper 0 Complete the table at the top of the template, which reveals all core strategy data. Step 3: Proceed to the rst strategy and complete the table. You need to type in your strike price (in column 1 of the table), your calculated BEP (in column 2), your max prot (in column 3), and your max loss (in column 4). Make sure that each cell shows all of your work. For example, if your strike price is $100 and the premium is $5.47, then you should type "$100 + $5.47 = $105.47" in the cell, not just "$5.47". If I cannot see your work, then I cannot offer you granular feedback as needed. After you do the math, you need to type a few well-crafted sentences on why an investor would use that specic strategy. Step 4: Work through all required strategies. For the three married strategies (i.e., the straddle, the bull call spread, and the collar) you need to also include the math for your net premium PAID. Ultimately, you are calculating the BEP, max prot, and max loss for: 0 Uncovered call buyer 0 Uncovered call seller 0 Uncovered put buyer 0 Uncovered put seller 0 Long straddle 0 Bull call spread 0 Collar You will notice some boxes highlighted in red on the template. These boxes should be blank when you complete this project. Everything within the table should be in contract-level terms (i.e. $15.75), not total-dollar terms (i.e., $1,575). Guidelines for picking the strike prices for each strategy See my guidance below for selecting your strike prices: Uncovered call buyer: select a strike that in a few (1 or 2) price notches above the current market price. You are looking for an OTM contract. Uncovered call seller: use the same strike as for the uncovered call buyer. Uncovered put buyer: select a strike that in a few (1 or 2) price notches below the current market price. You are looking for an OTM contract. Uncovered put seller: use the same strike as for the uncovered put buyer. Long straddle: You need to use the same strike for both the long call and the long put. Bull call spread: Select a strike for the long call that is a few (1 or 2) price notches above the current market price. The strike for the short call should be 1 or 2 notches above the strike on the long call (i.e., the lower-priced call). Collar: The strike on the long put should be 2 or 3 notches below the current market price, and the strike on the short call should be 2 or 3 notches above the current market price. Deliverable: You will turn in a 1-2 page (minimum length requirement), single-spaced paper. This is the template that l provided you in Step 2. Use Times New Roman, 12-point font with 1-inch margins. Make sure to organize your thoughts logically and professionally. Use good sentence structure. The nished product should have an appearance that you would be proud to show in an interview

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