Galaxy Dividend

Jan 14, 2014 compare the prices of put and call options with v
JP Morgan 57.74
do a series of static comparisons that reveal the
Facebook 57.74

Option 100 stocks

Jan 18 Feb 22 Mar 22 Apr 19 June 21

JP Morgan 57.74 55 2.75 3.1 3.5 3.85 4.5
Next dividend Apr ,2
0.38

Facebook 57.74 55 2.82 5.35 6 6.55 8.05

of put and call options with various exercise prices and maturity dates on two equities (JPMorgan Chase and Facebook) that had identi

comparisons that reveal the impact of a change in one determinant of an option's price while holding other factors constant.

1 Year 2 Year
6 7.8

10.75 13.2
nd Facebook) that had identical closing stock prices on January 14, 2014 but very different volatilities.

r factors constant.
 Bin Frequency
1.5 1
1.763889 3
2.027778 5
2.291667 5
2.555556 15
2.819444 34
3.083333 43
3.347222 44
3.611111 73
3.875 85
4.138889 76
4.402778 91
4.666667 92
4.930556 98
5.194444 96
5.458333 82
5.722222 89
5.986111 66
6.25 133
6.513889 35
Chart Title
6.777778 53
7.041667 26 140
7.305556 29 120
7.569444 12
7.833333 20 100
8.097222 16
80
8.361111 7
8.625 13 60
8.888889 0
40
9.152778 0
9.416667 2 20
9.680556 1
9.944444 1 0
0 2 4 6 8
10.20833 0
10.47222 0
10.73611 0
More 0
Chart Title

6 8 10 12
 Bin Frequency
1.5 2
1.658333 0
1.816667 11
1.975 0
2.133333 14
2.291667 35
2.45 0
2.608333 32
2.766667 66
2.925 0
3.083333 107
3.241667 0
3.4 132
3.558333 182
3.716667 0
3.875 197
4.033333 234
4.191667 0
4.35 312
4.508333 257
4.666667 0
4.825 322
4.983333 0
5.141667 216
5.3 220
5.458333 0
5.616667 217
5.775 162
5.933333 0
6.091667 201
6.25 137
6.408333 0
6.566667 139
6.725 0
6.883333 142
7.041667 63
7.2 0
7.358333 63
7.516667 41
7.675 0
7.833333 45
7.991667 0
8.15 49
8.308333 17
8.466667 0
Chart Title
8.625 21 350

300

250
 Chart Title
350
8.783333 0 300
8.941667 0
9.1 4 250
9.258333 6
200
9.416667 0
9.575 4 150
9.733333 0
100
9.891667 6
10.05 0 50
10.20833 0
10.36667 0 0
0 2 4 6 8
10.525 0
10.68333 0
10.84167 0
More 0
Chart Title
Chart Title

6 8 10 12
 Population
Index Distribution Samples of size 4
1 1
2 3 1 S1 6 5 3
3 4 2 S2 6 5 5
4 4 3 S3 4 6 4
5 5 4 S4 3 4 3
6 6 5 S5 6 1 4
7 6 6 S6 6 6 6
8 11 7 S7 4 3 11
8 S8 3 3 11
Pop. Mean 5 9 S9 5 4 1
10 S10 6 4 3
Mean of Sample mean 4.946508 11 S11 1 4 4
12 S12 11 3 3
Std Pop 2.7386127875 13 S13 1 3 6
Std Sam 1.374429858 14 S14 3 6 4
15 S15 4 1 6
St error 1.3693063938 16 S16 4 6 3
17 S17 6 11 4
18 S18 6 3 4
19 S19 4 1 11
20 S20 1 3 11
21 S21 11 6 3
 Mean
1 4.25
5 5.25
4 4.5
1 2.75
6 4.25
6 6
3 5.25
11 7
11 5.25
4 4.25
4 3.25
1 4.5
4 3.5
1 3.5
4 3.75
11 6
1 5.5
4 4.25
4 5
6 5.25
4 6