1. A six-month call is the right to buy stock at $20. Currently, the stock is selling for $22, and the call is selling for $5. You buy 100 shares ($2,200) and sell one call (in other words, you receive $500). a. Does this position illustrate covered or naked call writing? b. If, at the expiration date of the call, the price of the stock is S29, what is your profit on the combined position? c. If, at the expiration date of the call, the price of the stock is $19, what is your profit on the combined position