1. If the current price of a stock is $120 per share and a put option with a strike of 115 is priced at 8.6. What stock price is needed to double your money with put options, assume you have $20,000? Please use 5 decimal places in your response

2. You buy 9 three month call options on a stock with a strike price of 43, the current stock price is 41,

What will be the total value of the options if the stock price in 3 months is 46?

3. You have 3000 dollars to invest and you buy as many calls as you can on a stock called BOON, if calls on BOON cost $4.30 with a strike of 32 and the stock costs $30

At what stock price do you break even on investment of the $3000 in calls?