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Future Stock Price |
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$37 |
$38 |
$39 |
$40 |
$41 |
$42 |
$43 |
$44 |
$45 |
$46 |
$47 |
$48 |
$49 |
$50 |
$51 |
$52 |
$53 |
$54 |
$55 |
$56 |
$57 |
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Strike |
Call |
Long |
Time |
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Option Payoff (Gross of Premium) |
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Long Call |
50 |
1 |
1 |
1 |
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0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
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Strike |
Put |
Long |
Time |
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Option Payoff (Gross of Premium) |
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Long Put |
45 |
0 |
1 |
1 |
|
8 |
7 |
6 |
5 |
4 |
3 |
2 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
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Option Premiums (calculated below) |
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Net Option Payoffs |
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First |
($2.00) |
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($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($1.00) |
$0.00 |
$1.00 |
$2.00 |
$3.00 |
$4.00 |
$5.00 |
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Second |
($3.00) |
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$5.00 |
$4.00 |
$3.00 |
$2.00 |
$1.00 |
$0.00 |
($1.00) |
($2.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
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Trading Strategies |
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Long Call |
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($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($2.00) |
($1.00) |
$0.00 |
$1.00 |
$2.00 |
$3.00 |
$4.00 |
$5.00 |
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Long Put |
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$5.00 |
$4.00 |
$3.00 |
$2.00 |
$1.00 |
$0.00 |
($1.00) |
($2.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
($3.00) |
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Strategy Payoff |
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$3.00 |
$2.00 |
$1.00 |
$0.00 |
($1.00) |
($2.00) |
($3.00) |
($4.00) |
($5.00) |
($5.00) |
($5.00) |
($5.00) |
($5.00) |
($5.00) |
($4.00) |
($3.00) |
($2.00) |
($1.00) |
$0.00 |
$1.00 |
$2.00 |
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