Question 1
Shares in Vandalay Industries trade for $46.12. Call options with a $45 strike price are selling for $4.80 and put options with the same strike price are selling for $2.45. What is the break-even price for long positions in the call and put option respectively?
◦ $49.80, $42.55
◦ $49.80, $47.45
◦ $50.92, $43.67
◦ $50.92, $48.57
Question 2

The figure above is a profit diagram for a
◦ long call.
◦ short call.
◦ long put.
◦ short put.