1) The data below summarizes data for call and put options on a stock trading at a current price of $2,761.01. The options all have 1 month to expiry and the risk-free rate is 0%.

Calls					Puts
IV	Delta	Bid	Ask	Strike	Bid	Ask	Delta	IV
16.18	0.564	54.9	55.6	2,750.00	43.9	44.7	-0.441	18.04
15.98	0.547	51.6	52.4	2,755.00	45.7	46.4	-0.456	17.83
15.81	0.53	48.5	49.3	2,760.00	47.5	48.3	-0.471	17.64
15.63	0.513	45.5	46.2	2,765.00	49.4	50.2	-0.487	17.44
15.43	0.495	42.5	43.2	2,770.00	50.3	52.2	-0.503	17.25
15.24	0.477	36.5	37.2	2,775.00	50.6	53.2	-0.519	17.06

Identify any options which are mispriced and in each case state clearly what the nature of the mispricing is, and demonstrate how an investor would set up arbitrage to take advantage of the mispricing. If no mispricing exists, then simply summarize the pricing rules tested.