80) If, for a $1000 premium, you buy a $100,000 call option on bond futures with a strike price of 110, and at the expiration date the price is 114 (a) your profit is $4000. (b) your loss is $4000. (c) your profit is $3000. (d) your loss is $3000. (e) your loss is $1000.

81) If, for a $1000 premium, you buy a $100,000 call option on bond futures with a strike price of 114, and at the expiration date the price is 110 (a) your profit is $4000. (b) your loss is $4000. (c) your profit is $3000. (d) your loss is $3000. (e) your loss is $1000.

82) If, for a $1000 premium, you buy a $100,000 put option on bond futures with a strike price of 110, and at the expiration date the price is 114 (a) your profit is $4000. (b) your loss is $4000. (c) your profit is $3000. (d) your loss is $3000. (e) your loss is $1,000

83) If, for a $1000 premium, you buy a $100,000 put option on bond futures with a strike price of 114, and at the expiration date the price is 110 (a) your profit is $4000. (b) your loss is $4000. (c) your profit is $3000. (d) your loss is $3000. (e) your loss is $1000.

(Explain)