Hi!
Reading 29 Risk Management Applications of Option Strategies
EXAMPLE 16 DynaTrade
Today is 18 November.
500 calls * 0.5649 = 282 (282.45 if exactly) shares of stock
Initial value (of course as I see) equals
282 * $125.75 - 500 * $10.89 = $30,016.50
But two days later, 20 November and market value of the whole construction is $29,645 (why?)
We have (solution for B)
500c * 0.6564 = 328 shares of stock
328 * $122.75 - 500 * $9.09 - $6,072 (bonds for rebalancing?) = $29,645
$29,645 is not equal $30,016.5
Where am I wrong?