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ca call and a put that are equally out of the money call. All of the options in this Stock closed recently at $55 per

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ca call and a put that are equally out of the money call. All of the options in this Stock closed recently at $55 per share. The put 2 In options, a 'seagull position is where one writes a call and the money and at the same time one buts an at the mo position have the same date of expiration. Dator Stock cloe following are the most recent closing prices of July options Exercise price call $10.00 $7.15 $4.00 ull using the above options. $2.10 $4.80 $6.90 a) Describe the specific composition of the "seagull" using the above b) Find the cost of this position c) Write the specific profit function of this position d) Find the maximum loss of this position e) Find the maximum gain of this position f) Find the breakeven price(s) of this position g) Draw the profit loss diagram of this position showing all the relevant details

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