Prepare the binomial model for both options and conduct the relevant quantitative analysis in an Excel spreadsheet.Describe also the process for obtaining the value of the option at a particular node for each of the two options.

For the selected values of the above parameters, you need to report the source of the data, the date of collection and provide a screenshot of the online source.

Prepare the binomial model for both options and conduct the relevant quantitative analysis in an Excel spreadsheet.Describe also the process for obtaining the value of the option at a particular node for each of the two options. For the call option, clearly explain the replication strategy, the assets involved in the strategy and which positions are taken in the relevant assets. You should demonstrate here your practical ability to apply the binomial model in futures option valuation.