3. You run a mutual fund and you have decided that the most that Tiaga stock is worth is $20 and you plan on selling the stock when it reaches that point. What option strategy could you take to make a profit on your planned trade? (3 points) Using the following information calculate the portfolio value on the exercise date and the profit from your strategy. Stock Price Today = $18.22 Strike Price = $20 Call Price = $2.54 Put Price = $3.35 Scenario 1. Taiga's stock price rises to $25 on the exercise date. (3 points) Scenario 2. Taiga's stock price falls to $15 on the exercise date. (3 points) 3. You run a mutual fund and you have decided that the most that Tiaga stock is worth is $20 and you plan on selling the stock when it reaches that point. What option strategy could you take to make a profit on your planned trade? (3 points) Using the following information calculate the portfolio value on the exercise date and the profit from your strategy. Stock Price Today = $18.22 Strike Price = $20 Call Price = $2.54 Put Price = $3.35 Scenario 1. Taiga's stock price rises to $25 on the exercise date. (3 points) Scenario 2. Taiga's stock price falls to $15 on the exercise date. (3 points)