a) You are bullish on a particular security and have $500 to invest. The stock is trading for $100. Call options with a strike price of $100 are trading for $1.00.You decide to invest your entire $500 by purchasing call options.After 1 month the stock price goes downto$85and you liquidateliquidate your position? What was your profit?

b)You are bullish on a particular security and have $500 to invest. The stock is trading for $100. Call options with a strike price of $100 are trading for $1.00.You decide to invest your entire $500 by purchasing call options.After 1 month the stock price goes downto$85and you liquidateliquidate your position? What was yourHolding Period Return?

c)You are bullish on a particular security and have $500 to invest. The stock is trading for $100. Call options with a strike price of $100 are trading for $1.00.You decide to invest your entire $500 by purchasing call options.After 1 month the stock price goes up to$101and you liquidateliquidate your position? What was your profit?