(A) Plot the payoff and profit diagrams to a straddle position with an exercise (strike) price of $130.

(B) Plot the payoff and profit diagrams to a spread position with exercise (strike) prices of $120 and $130.

Stock Prices Beginning Market Price 116.5 Ending Market Price 130 X 130 Straddle Ending Profit Buying Options: Stock Price -37.20 Call Options Strike Price Payoff Profit Return % 50 110 22.80 20.00 -2.80 -12.28% 60 120 16.80 10.00 6.80 40.48% 70 130 13.60 0.00 13.60 -100.00% 80 140 10.30 0.00 -10.30 -100.00% 90 100 Put Options Strike Price Payoff Profit Return % 110 110 12.60 0.00 12.60 100.00% 120 120 17.20 0.00 .17.20 -100.00% 130 130 23.60 0.00 23.60 100.00% 140 140 30.50 10.00 20.50 -67.21% 150 160 Straddle Price Payoff Profit Return % 170 110 35.40 20.00 -15.40 43.50% 180 120 34.00 10.00 -24.00 -70.59% 190 130 37.20 0.00 37.20 -100.00% 200 140 40.80 10.00 -30.80 -75.49% 210 Selling Options: Bullish Call Options Strike Price Payoff Profit Return % Ending Spread 110 22.80 20 2.80 12.28% Stock Price 6.80 120 16.80 10 6 80 40.48% 50 130 13.60 13.60 100.00% 60 140 10.30 10.30 100.00% 70 80 Put Options Strike Price Payoff Profit Return % 90 110 12.60 12.60 100.00% 100 120 17.20 17.20 100.00% 110 130 23.60 23.60 100.00% 120 140 30.50 40.50 132.79% 130 140 Money Spread Price Payoff Profit 150 Bullish Spread 160 Cell Ref -6.80 170 Cell Ref 13.60 180 Combined Profit 0.00 6.80 190 200 210 Post your Payoff Diagram here