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3 945 and the premium is $3. If, at expiration, the stock is selling for $5y per share, what are your put options worth? What

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945 and the premium is $3. If, at expiration, the stock is selling for $5y per share, what are your put options worth? What is your net profit? 3. Stock versus Options (LO2, CFA1) Stock in Cheezy-Poofs Manufacturing is currently priced at $50 per share. A call option with a $50 strike and 90 days to maturity is quoted at $1.95. Compare the percentage gains and losses from a $97,500 investment in the stock versus the option in 90 days for stock prices of $40, $50, and $60

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