$45 Profit -$5 $45 $50 Price of stock As indicated in the picture above, the profit schedule is for the: Buyer of a call option Writer of a call option Writer of a put option Buyer of a put option As indicated in the picture above, for the option to break even, the price of the underlying stock must be: $55 $5 $0 $45 $50 As indicated in the picture above, what is the price of the stock if the investor profits $45. $45 950 -45 955 0 This question refers to the total profits and losses throughout all transactions (purchase/sale of the option and profit/loss at expiration). If at the expiration date of the option, the stock is trading for $48, the profit schedule indicates the person holding this position will: Exercise the option, and lose $3 Not exercise the option and profit $5 Exercise the option, and lose 55 Exercise the option and profit $2 Not exercise the option, and lose $5