1. Assume that the initial investment for a covered call is 250 (net of buying stock and selling a call with a strike of 270). The strike price for the call you sold is 270. The current stock price is 265. The % move to Beakeven price from the price today is:

1.89%

-5.66%

-7.41%

8.00%

6.00%

2. Assume you buy a call with a strike of 90 and sell a call with a strike of 100 (Bull Spread). The initial investment is 4.50. The stock price today is 96.50. The Breakeven price is:

infinity

104.50

94.50

85.50

95.50

3. Assume you buy a call with a strike of 90 and sell a call with a strike of 100 (Bull Spread). The initial investment is 4.50. The stock price today is 96.50. The max gain for this strategy in % terms is:

222.22%

81.82%

infinity %

200.00%

122.22%