5. a. The prices of various Apple options are listed in the Table. Use the data in the Table to calculate the payoff and the profits for investments in each of the following October 20XX expiration options, assuming that the stock price on the expiration date is $151. Answer: b. Draw the payoff and profit/loss diagram (graph) for Apple October call contract with strike price of $150 for a premium of $2.02 as a function of the stock price at expiration. c. Draw the payoff and profit/loss diagram (graph) for Apple October put contract with strike price of $152 for a premium of $0.90 as a function of the stock price at expiration. d. You purchase one Apple October put contract with strike price of $152 for a premium of $0.90. What is your maximum possible profit? 5. a. The prices of various Apple options are listed in the Table. Use the data in the Table to calculate the payoff and the profits for investments in each of the following October 20XX expiration options, assuming that the stock price on the expiration date is $151. Answer: b. Draw the payoff and profit/loss diagram (graph) for Apple October call contract with strike price of $150 for a premium of $2.02 as a function of the stock price at expiration. c. Draw the payoff and profit/loss diagram (graph) for Apple October put contract with strike price of $152 for a premium of $0.90 as a function of the stock price at expiration. d. You purchase one Apple October put contract with strike price of $152 for a premium of $0.90. What is your maximum possible profit