A Call option has a strike price of $125 and the cost of the option is $15. If the current price of the stock is $123 then the breakeven price for the option is:

Group of answer choices:

$108

$110

$138

$140

$150

A writer sells a Put option with a strike of $100 and receives a premium of $20. The max loss for the writer is:

Group of answer choices:

$20

$80

unlimited

$120