A trader owns one exchange-traded put option contract, for selling 100 shares of a stock for a strike price of $37.

part 1: What is the adjusted strike price if the stock pays a dividend of $1.65 before the expiration date of the option?

part 2: What is the adjusted strike price after a 8-for-5 stock split?

part 3: How many shares does each contract cover after a 8-for-5 stock split?

part 4: What is the adjusted strike price after the stock pays a 60% stock dividend?

part 5: How many shares does each contract cover after the stock pays a 60% stock dividend?