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5) You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00 per share. Three

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5) You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00 per share. Three months later, at expiration, Luther Industries is trading at $45 per share. Your total all-in profit per share on this transaction is: 6) You pay $2.00 for a put option on Luther Industries that expires in three months with a strike price of $40 per share. Three months later, at expiration, Luther Industries is trading at $45 per share. Your total all-in profit per share on this transactions is

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