4. A U.S. investor writes five naked call option contracts. The option price is $3.50, the strike price is $60.00, and the stock price is $57.00. What is the initial margin requirement? 500 (3.5+ 0.2-3) = 5950 Initial margin 500x (3.5 40.1 x 57) = 4600 5. How would the answer change to question 4 if the stock price were $70? How would the answer change if the trader is buying instead of selling the options? 4. A U.S. investor writes five naked call option contracts. The option price is $3.50, the strike price is $60.00, and the stock price is $57.00. What is the initial margin requirement? 500 (3.5+ 0.2-3) = 5950 Initial margin 500x (3.5 40.1 x 57) = 4600 5. How would the answer change to question 4 if the stock price were $70? How would the answer change if the trader is buying instead of selling the options