If the MSFT 24 call is selling for $1.50, and the MSFT 25 call is selling...

    

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If the MSFT 24 call is selling for $1.50, and the MSFT 25 call is selling for $1, construct a bull spread using these nearby 24 and 25 calls. Construct a table like the one on slide 81 of the lecture for Nov. 28 showing profit and loss at relevant stock prices for each part of the spread, and the net profit or loss for the entire spread position. Be sure to show the stock price at which the spread has its maximum gain, its maximum loss, and just breaks even. Draw a hockey stick diagram for the spread, clearly labeling all the critical points. Calls Last Net Bid Ask 22.74 -1.235 22.45 22.75 206 Vol Delta Gamma Int 0.61 0.7148 0.0097 3577 19.37 -1.355 19.3 19.45 163 0.6 0.662 0.0106 3508 16.35 -1.35 16.3 16.5 690 0.59 0.6056 0.0114 15305 13.7 -1.25 13.6 13.75 1,512 0.58 0.5469 0.0118 9755 11.25 -1.275 11.25 11.4 2,190 0.57 0.4874 0.012 13800 9.28 -1.12 9.2 9.35 1,082 0.57 0.4289 0.012 14718 7.5 -1.05 7.5 7.55 3,418 0.56 0.3724 0.0116 24750 IV Fri May 19 2023 Strike Puts TSLA 170.000 TSLA 175.000 TSLA 180.000 TSLA 185.000 TSLA 190.000 TSLA 195.000 TSLA 200.000 Last Net Bid Ask Vol Delta Gamma Int 6.8 0.325 6.75 6.85 1,711 0.6 0.2864 0.0098 15070 8.51 -0.34 8.45 8.55 669 0.6 0.3396 0.0107 11406 10.5 -0.3 10.45 10.6 1,549 0.59 -0.3967 0.0115 22563 12.75 -0.35 12.8 12.95 1,104 0.58 -0.456 0.012 10503 15.43 -0.22 15.4 15.55 247 0.57 -0.5162 0.0122 13777 18.35 -0.125 18.35 18.5 61 0.57 -0.5758 0.0122 14372 21.7 +0.05 21.6 21.75 72 0.56 -0.6334 0.0118 15474 IV Calls Last Net Bid Ask Vol IV 22.9 -2.1 23.35 23.8 25 0.59 0.708 0.0092 20.02 -1.705 20.2 20.6 17.52 -1.205 17.25 17.65 75 15 -1.05 14.6 15 147 12.1 -1.525 12.2 12.6 49 10.35 -1.125 10.1 10.55 41 8.55 -1.075 8.3 8.75 326 35 0.59 0.6583 0.0099 Delta Gamma Int 20 84 Fri May 26 2023 Strike TSLA 170.000 Puts TSLA 175.000 0.58 0.6056 0.0106 115 0.57 0.5511 0.011 172 0.56 0.4959 0.0112 298 0.56 0.441 0.0112 160. 0.55 0.3878 0.011 255 TSLA 180.000 TSLA 185.000 TSLA 190.000 TSLA 195.000 TSLA 200.000 Last Net Bid Ask 7.7 -0.325 7.45 7.8 9.59 -0.16 9.2 9.55 11.4 -0.25 11.3 11.55 13.7 -0.35 13.6 13.95 16 16.45 -0.1 16.2 16.65 240 20.75 +1.375 19.2 19.5 6 23.1 +0.575 22.35 22.8 213 Vol 237 32 117 IV Delta Gamma Int 0.59 -0.2935 0.0092 178 0.58 0.3437 0.01 307 0.58 -0.3969 0.0107 203. 0.57 -0.4522 0.0111 107 0.57 -0.5084 0.0114 52 0.56 0.5644 0.0114 26 0.56 -0.6187 0.0112 25 For each of the following, be sure to label all relevant points and amounts. call. Draw a hockey stick diagram for a short position in the May 19 Tesla 185 put. Draw a hockey stick diagram for a long position in the May 26 Tesla 190 If the MSFT 24 call is selling for $1.50, and the MSFT 25 call is selling for $1, construct a bull spread using these nearby 24 and 25 calls. Construct a table like the one on slide 81 of the lecture for Nov. 28 showing profit and loss at relevant stock prices for each part of the spread, and the net profit or loss for the entire spread position. Be sure to show the stock price at which the spread has its maximum gain, its maximum loss, and just breaks even. Draw a hockey stick diagram for the spread, clearly labeling all the critical points. Calls Last Net Bid Ask 22.74 -1.235 22.45 22.75 206 Vol Delta Gamma Int 0.61 0.7148 0.0097 3577 19.37 -1.355 19.3 19.45 163 0.6 0.662 0.0106 3508 16.35 -1.35 16.3 16.5 690 0.59 0.6056 0.0114 15305 13.7 -1.25 13.6 13.75 1,512 0.58 0.5469 0.0118 9755 11.25 -1.275 11.25 11.4 2,190 0.57 0.4874 0.012 13800 9.28 -1.12 9.2 9.35 1,082 0.57 0.4289 0.012 14718 7.5 -1.05 7.5 7.55 3,418 0.56 0.3724 0.0116 24750 IV Fri May 19 2023 Strike Puts TSLA 170.000 TSLA 175.000 TSLA 180.000 TSLA 185.000 TSLA 190.000 TSLA 195.000 TSLA 200.000 Last Net Bid Ask Vol Delta Gamma Int 6.8 0.325 6.75 6.85 1,711 0.6 0.2864 0.0098 15070 8.51 -0.34 8.45 8.55 669 0.6 0.3396 0.0107 11406 10.5 -0.3 10.45 10.6 1,549 0.59 -0.3967 0.0115 22563 12.75 -0.35 12.8 12.95 1,104 0.58 -0.456 0.012 10503 15.43 -0.22 15.4 15.55 247 0.57 -0.5162 0.0122 13777 18.35 -0.125 18.35 18.5 61 0.57 -0.5758 0.0122 14372 21.7 +0.05 21.6 21.75 72 0.56 -0.6334 0.0118 15474 IV Calls Last Net Bid Ask Vol IV 22.9 -2.1 23.35 23.8 25 0.59 0.708 0.0092 20.02 -1.705 20.2 20.6 17.52 -1.205 17.25 17.65 75 15 -1.05 14.6 15 147 12.1 -1.525 12.2 12.6 49 10.35 -1.125 10.1 10.55 41 8.55 -1.075 8.3 8.75 326 35 0.59 0.6583 0.0099 Delta Gamma Int 20 84 Fri May 26 2023 Strike TSLA 170.000 Puts TSLA 175.000 0.58 0.6056 0.0106 115 0.57 0.5511 0.011 172 0.56 0.4959 0.0112 298 0.56 0.441 0.0112 160. 0.55 0.3878 0.011 255 TSLA 180.000 TSLA 185.000 TSLA 190.000 TSLA 195.000 TSLA 200.000 Last Net Bid Ask 7.7 -0.325 7.45 7.8 9.59 -0.16 9.2 9.55 11.4 -0.25 11.3 11.55 13.7 -0.35 13.6 13.95 16 16.45 -0.1 16.2 16.65 240 20.75 +1.375 19.2 19.5 6 23.1 +0.575 22.35 22.8 213 Vol 237 32 117 IV Delta Gamma Int 0.59 -0.2935 0.0092 178 0.58 0.3437 0.01 307 0.58 -0.3969 0.0107 203. 0.57 -0.4522 0.0111 107 0.57 -0.5084 0.0114 52 0.56 0.5644 0.0114 26 0.56 -0.6187 0.0112 25 For each of the following, be sure to label all relevant points and amounts. call. Draw a hockey stick diagram for a short position in the May 19 Tesla 185 put. Draw a hockey stick diagram for a long position in the May 26 Tesla 190