Question: Use the table below to answer the following questions for a February call option with a strike of $95 Expiration Strike Call Put Jan 18-2019

Use the table below to answer the following questions for a February call option with a strike of $95

Expiration Strike Call Put
Jan 18-2019 95 7.65 0.98
Jan 18-2019 100 3.81 2.20
Jan 18-2019 105 1.45 4.79
Feb 8-2019 95 9.50 2.86
Feb 8 2019 100 5.60 3.92
Feb 8 2019 105 3.08 6.35

a. If the stock price is $99, do you exercise the call? Why or why not? If you do, what is the profit?

b. What if you bought a January call with a strike of 100 (Assume the stock price is still $99)

c. What if you bought a January put with a strike of 100 (Assume the stock price is still $99)

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