Question: Answer questions 22 using the following information: You hold a long position in a June CME Group (CME) $205 Strike Price call option. The put

Answer questions 22 using the following information: You hold a long position in a June CME Group (CME) $205 Strike Price call option. The put option premium is $9. CME is trading at $200 per share.

22a.) What is the June CME $205 Strike Price put options intrinsic value component?

22b.) What is the June CME $205 call options time value component?

22c.) Assume you are the buyer of a MSFT $185 Strike Price put option at $9. MSFT closes at $167 on the put options expiration day. What is your profit or loss on the options expiration day?

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