Listed Below Are the Option Quotes on JUP, Inc (A) Which Calls Are in the Money?
(B) Which Puts

question 1

Essay

Listed below are the option quotes on JUP, Inc., in January of this year.
$\begin{array}{llllll}\text { Options/Strike } & \text { March } & \text { June } & \text { March } & \text { June } \\\text { JUP } \quad 35 & 3\quad1 / 2 & 4 & 1 / 2 & 1\quad1 / 8 \\37 \quad 40 & 1\quad1 / 2 & 2 & 4\quad1 / 2 & 5 \\37 \quad 45 & 1 & 1\quad1 / 2 & 8\quad3 / 8 & \mathrm{~s} \\37 \quad 50 & 1 / 2 & \mathrm{r} & \mathrm{r} & \mathrm{s}\end{array}$


(a) Which calls are in the money?
(b) Which puts are in the money?
(c) Why are investors willing to pay 3 1/2 for the MARCH 35 call but only 1/2 for the March 35 put?
(d) Calculate the intrinsic value of the June 35 call.
(e) Calculate the intrinsic value of the March 40 put.

Recognize the similarities and differences between cognitive therapies and other therapeutic approaches for depression.

Identify the role of cognitive therapies in challenging automatic thoughts and changing negative cognitions.

Comprehend the effectiveness of cognitive-behavioral therapy in treating unipolar depression.

Understand the treatment approaches beyond cognitive therapies, including interpersonal and sociocultural therapies.

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Definitions:

Stereotype

A widely held but fixed and oversimplified image or idea of a particular type of person or thing, often based on limited information.

Performance

The manner in which an individual, group, or entity executes and accomplishes tasks, goals, or activities, often measured against a standard.

Behaviour

The actions or reactions of an entity (usually an individual) in response to external or internal stimuli.

Barrier

An obstacle or impediment that prevents progress or access to a certain area, goal, or success.