Question - You bought a call option with a strike price of $25 and a put option with a strike price of $30 on Google stocks that are currently selling at $35 a share. The call option is trading at $4.50 and put option price is $2.50.
A. Are your call and put options in the money, at the money, or out of money?
B. Calculate the Exercise price of each of the call and put.
C. What is the time value of each of your call and put options?