Stock in Cheezy-Poofs Manufacturing is currently priced at $100 per share. A call option with a $100 strike and 90 days to maturity is quoted at $5. Compare the percentage gains and losses from a $10,000 investment in the stock versus the option in 90 days for stock prices of $80, $100, and $120.

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Use the following options quotations to answer questions 6 through 9: Option& NY Close Strike Calls Price Expiration Vol. Last Puts Vol. Last Hendreeks 86 80 Feb 72 7 50 3/4 86 80 Mar 41 8 1/8 29 1 9/16 86 80 May 16 9 7/8 10 2 7/8 86 80 Aug 8 12 2 4 1/4