Chipotle Mexican Grill, Inc. common stock currently sells for $1,254.10 per share, and the standard...
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Chipotle Mexican Grill, Inc. common stock currently sells for $1,254.10 per share, and the standard deviation of returns is 55.00%. A call option with a strike price of $1,300 is currently trading on the market at $183.70 per call option. The option expires in six months, and the risk-free rate of return is 3.5%. Chipotle does not pay a dividend. Chipotle has a delta of 0.55844 and a gamma (T) of 0.00081. If Chipotle's stock price increases by $7, what will the new call price be using both delta and gamma to determine the change? $189.65 $183.85 oooo $187.63 $185.59
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