1)As an investor looking to buy 100 Dell shares in June at $20 each through an option contract.

a)What type of expectations does the investor have? What type of investor is he?

b)As a hedger should he enter into a long call contract or a Short Put contract and why? Explain what it means and why you chose that.

c)Explain the profit or loss from either contract you select at different market prices in June.