Question: please explain this in excel with formulas (Options) On January 12, 2021, you bought a call option and a put option on Apple stock (AAPL)
(Options) On January 12, 2021, you bought a call option and a put option on Apple stock (AAPL) with a strike price of $450. The option premium you paid was $40 for the call and $5 for the put. The option expired in March 2021. On expiration date, the AAPL's spot price was $580. a) What is the payoff from the call option? b) What is the profit or loss from the call option c) What is the payoff from the put option? d) What is the profit or loss from the put option
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
