The Traderszone Network

Published in TZ Latest News 23 February, 2017 by The TZ Newswire Staff

Option math question

Inputs:

Underlying: $18.00
Strike: $20.00
DTE: 8
Vol: 75%
Delta: 0.1863
Gamma: 0.1341
Theta: -0.0336
Vega: 0.0071
Rho: 0.0007

Current Price: $0.20

How do I calculate the probability of this call option touching $0.50 prior to expiration?