Calculate the Payoff and Profit/Loss given the information below (2 points each): CALL PUT Nov 2020 Dec 2020 Jan 2021 Nov 2020 Dec 2020 Jan 2021 Exercise Price 100 8.10 17.30 5.85 5.60 105 110 10.95 9.60 7.25 14.95 10.70 2.00 3.40 6.22 8.60 12.75 10.70 14.75 17.65 22.60 3.65 2.70 115 5.35 8.60 8.40 15.55 19.65 120 2.25 3.60 6.75 12.00 28.25 32.15 125 1.95 3.15 4.95 15.75 24.55 Action Option Exercise Prices Premiums (Calc the net amount) Stock Price Total Payoff Total Profit Buy Bull Call Nov Spread 120 Buy Bull Put Dec Spread 90 Buy Bear Put Jan Spread 100 110 115 125 120 125 100 120 105 115 90 Long Butterfly Call Jan Spread 112 Short Butterfly Call Nov Spread 130 SECTION 11 - ADVISING ON OPTION STRATEGIES (32 POINTS) CALLS PUTS ABC Inc. Exercise Price 130 Nov-20 Dec-20 Jan-21 Nov-20 Dec-20 Jan-21 6.50 5.75 4.35 3.00 3.75 4.75 135 4.00 3.00 4.25 5.25 6.50 3.50 2.00 140 2.25 1.75 5.50 6.75 8.00