... $42 per share.The XYZ Oct 40 call is trading at $3 .40 .• The Oct 40 call has an intrinsic value of $2 per share, or $200.• Thus, the time value of the option is $1 .40 , or $ 140 .The XYZ Jan 45 ... options with strike prices of 35, 40 , and 45 . If the stock trades ashigh as 45 , the 50 calls and 50 puts are listed the following day. If the stocktrades as low as 35, then the 30 calls and 30 ... Price P/L % P/L P/L % P/L50 $1,600 47 .06% $1,300 650.00% 40 $600 17.65% $300 150.00% 34 $0 0.00% ($200) –100.00%30 ( $40 0) –11.76% ($200) –100.00%20 ($1 ,40 0) 41 .18% ($200) –100.00%• The option...