Why the april 600 call is more expensive than january 620

Reference no: EM13296572

At $630 a share, Apple (AAPL) is a bit pricey for small investors like Slick. However, Slick is convinced that the smaller i-Pad will be another big hit for Apple and expects the price to reach $750 by April. Slick is considering in-the-money call options on Apple. He observes that the January 620 call is priced at $46, while the April 600 call is priced at $75. What are two reasons why the April 600 call is more expensive than the January 620 call?

Reference no: EM13296572

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