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A one-year call option on JKL stock with a strike price of $25 is trading for $1.35. A one-year put option on JKL stock with
A one-year call option on JKL stock with a strike price of $25 is trading for $1.35. A one-year put option on JKL stock with a strike price of $28 is trading at $0.90. Suppose you just purchased 4 of the call option contracts and sold 5 of the put option contracts. Each contract is for 100 shares of the stock. JKL stock price turns out to be $30 in one year. a. (1 point) What is your profit/loss on the call option contracts? b. (1 point) what is your profit/loss on the put option contracts
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