BNK202 Financial Derivatives

Financial DerivativesTU Board 2021

Consider the following option prices OptionsCallPutStrike price100100Stock price120105Option price263.5 Risk free interest rate is 6 percent per annum. Options expire in 90 days. a. Which option is…

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Consider the following option prices

OptionsCallPutStrike price100100Stock price120105Option price263.5

Risk-free interest rate is 6 percent per annum. Options expire in 90 days. a. Which option is in-the-money and which is out-of-the-money? b. Find the intrinsic value of options. c. Find the time value of both options. d. Assuming options are European, find the lower bound of both options.

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