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11. You believe that the stock price of company Y will decrease in the future. You buy a put on stock Y. The price of

11. You believe that the stock price of company Y will decrease in the future. You buy a put on stock Y. The price of stock Y is down on the expiration date of the option. Give two different (not similar) scenarios where you would not be happy about this. You believe that the stock price of company Z will increase in the future. You buy a call on stock Z. The price of stock Z is up on the expiration date of the option. Give two different (not similar) scenarios where you would not be happy about this.

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