Shares of danube stock

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Alicia owns 600 shares of Danube stock. She thinks the market price will continue to rise but would like to ensure that she can get at least $47.50 a share should she decide to sell her shares. The 47.50 call option is quoted at $1.05 bid, $1.13 ask. The 47.50 put is quoted at $0.80 bid, $0.85 ask. How much will it cost her to ensure that she can sell all of her shares for at least $47.50 each?

Reference no: EM131837451

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