Derivative related calculation

Using the AAPL option chain and 350,000 AAPL shares, devise a delta neutral call and put strategy. Prove each assuming a loss of $5 in APPL. You proof should include delta, gamma, and theta
Have to be familiar with derivatives at least have known the algebra or it’s hard to meet right answer within limited time. Some data is from “AAPL option chain”. Expect to get more than 80% accuracy. Show your work step by step.

Sample Solution

ACED ESSAYS