Course Name: Options Volatility Trading: Concepts and Strategies, Section No: 7, Unit No: 11, Unit type: Notebook
Can you please check logic of Instrinsic Value and Call/Put Payoff ? IMO what is called as Call/Put Payoff is actually Intrinsic value. What we get from BSM (call price or put price) includes both Intrinisic and Extrinsic value.