A month ago, you bought shares of Zenon at $54 per share. Today you wrote a call contract on Zenon with a strike price of $73. The price of the call is $8.52 per share. Which of the following are correct?

This is a multiple response question. Select all correct choices:

a.

The maximum you can lose on this portfolio is $27.52 per share.

b.

The maximum you can earn on this portfolio is $27.52 per share.

c.

The maximum you earn on this portfolio is $45.48 per share.

d.

You are betting the share price will fall by less than $8.52 in the near future.

e.

You are betting the share price will fall by more than $8.52 in the near future.