What was the premium on the December 20 FB 190 call, i.e. the Facebook call option which
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What was the premium on the December 20 FB 190 call, i.e. the Facebook call option which expires on December 20, 2019, and has a strike price of $190?
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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) BID 193.2 ASK 193.31 VOL 10,998,531 12/20/2019 Puts Strike FB 185.000 FB 190.000 FB 195.000 FB 200.000 Calls Bid Ask Vol Last Net 11.16 -1.14 11.15 11.3 183 7.8 -0.95 7.75 7.9 6,556 -0.75 5 5.1 1,882 5.1 3.02 -0.605 2.99 3.05 5,285 LAST 193.21 CHANGE -1.28 (-0.66%) Last Net Bid Ask Vol 2.64 +0.235 2.61 2.69 328 4.2 +0.325 4.15 4.3 7,813 6.5 +0.55 6.4 6.55 600 9.4 +0.65 9.35 9.55 155 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) BID 193.2 ASK 193.31 VOL 10,998,531 12/20/2019 Puts Strike FB 185.000 FB 190.000 FB 195.000 FB 200.000 Calls Bid Ask Vol Last Net 11.16 -1.14 11.15 11.3 183 7.8 -0.95 7.75 7.9 6,556 -0.75 5 5.1 1,882 5.1 3.02 -0.605 2.99 3.05 5,285 LAST 193.21 CHANGE -1.28 (-0.66%) Last Net Bid Ask Vol 2.64 +0.235 2.61 2.69 328 4.2 +0.325 4.15 4.3 7,813 6.5 +0.55 6.4 6.55 600 9.4 +0.65 9.35 9.55 155
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Short Position in the Dec 20 FB 190 call As the price move up Call sellers loss increases The brea... View the full answer
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