(1) An investor buys a call option to buy 100 shares of Apple. Strike price = $100, current stock price = $98, price of an option to buy 100 shares = $5. What's the profit and payoff if the stock price is $115 at the expiration? What's the profit and payoff if the stock price is $95 at the expiration? Calculate the payoff and profits and draw the payoff (not profit) diagram.