Answer A to D

Problem 13-3 Question Help You shorted a call option on Intuit stock with a strike price of $43. When you sold (wrote) the option, you received $4. The option will expire in exactly three months' time. a. If the stock is trading at $50 in three months, what will your payoff be? What will your profit be? b. If the stock is trading at $34 in three months, what will your payoff be? What will your profit be? c. Draw a payoff diagram showing the payoff at expiration as a function of the stock price at expiration. d. Redo c, but instead of showing payoffs, show profits. and the profit of the short is $ a. The payoff of the short is $ (Round to the nearest dollar.)