Over what ranges of april stock prices is the aapl long


You anticipate high volatility in AAPL over the next two months so you are interested in entering a long straddle position, which consists of long positions in a put and a call with the same strike price. The current AAPL price is $180 per share. The April 2018 call and 1 put premiums for a $180 strike price are $4.80 and $4.50, respectively. Over what range(s) of April stock prices is the AAPL long straddle position profitable?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Over what ranges of april stock prices is the aapl long
Reference No:- TGS02815730

Expected delivery within 24 Hours