A call option on stock with a $$4$ premium has a strike price of $$60.$ What is the profit on the option $($net of initial cost$)$ if the price of stock at the option's maturity is $($a$)$ $$58?($b$)$ $$60?($c$)$ $$65?$

$\backslash$table$[[,$Profit$($Loss$)],[$a$)$ $$58$ stock price,$],[$b$)$ $$60$ stock price,$],[$c$)$ $$65$ stock price,$]]$

A put option on stock with a $$2$ premium has a strike price of $$25.$ What is the profit on the option $($net of initial cost$)$ if the price of stock at the option's maturity is $($a$)$ $$20?($b$)$ $$23?($c$)$ $$39?$

$\backslash$table$[[,$Profit$($Loss$)],[($a$)$ $$20$ stock price,$],[($b$)$ $$23$ stock price,$],[($c$)$ $$39$ stock price,$]]$