1 2 Put March March 3 Exercise Price 4 150.00 5 155.00 6 160.00 May 4.45 20.00 15.50 12.50 Call April 21.50 16.25 12.85 9.00 May 23.00 17.75 5.90 3.00 4.10 5.30 7.00 13.50 6.80 April 3.50 4.90 6.00 8.00 10.75 14.30 16.10 7 165.00 8.10 9.20 00 8 170.00 5.20 6.30 12.45 10.65 8.50 5.75 4.45 175.00 9 10 3.25 2.50 4.25 3.40 9.40 13.00 15.00 14.20 17.75 180.00 11 14 15 Call 150 16 17 Buy 170 12 Calculate payoff, profit/loss, breakeven stock price and HPR%, if applicable. 13 Action Date Option Exercise Price Stock Price Payoff Profit/Loss BE (stock) HPR % Buy March 175 Buy April Call 165 165 May Put 160 Buy March Sell May Sell April 165 Sell May Call 180 Sell April Call 165 23 Sell May straddle Buy March straddle 18 180 162 Put Put 19 165 125 20 Put 175 21 155 22 150 175 200 24 180 185