2 Assume that you have shorted the call option in Problem 1. a. If the share is trading at $55 in three months, what will you owe? b. If the share is trading at $35 in three months, what will you owe? c. Draw a payoff diagram showing the amount you owe at expiration as a function of the share price at expiration nire in ovacth 1 You own a call option on a Wesfarmers share with an exercise price of $40. The option will expire in exactly three months' time. a. If the share is trading at $55 in three months, what will be the payoff of the call? b. If the share is trading at $35 in three months, what will be the payoff of the call? c. Draw a payoff diagram showing the value of the call at expiration as a function of the share price at expiration 2 Assume that you have shorted the call option in Problem 1. a. If the share is trading at $55 in three months, what will you owe? b. If the share is trading at $35 in three months, what will you owe? c. Draw a payoff diagram showing the amount you owe at expiration as a function of the share price at expiration