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Calls Puts Strike Price Expiration Close Vol. Last Vol. Last Hendreeks 103 103 103 103 100 100 100 100 Feb Mar Apr Jul 72 5.20

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Calls Puts Strike Price Expiration Close Vol. Last Vol. Last Hendreeks 103 103 103 103 100 100 100 100 Feb Mar Apr Jul 72 5.20 41 8.40 14 10.68 8 14.30 50 29 10 2 2.40 4.90 6.60 10.10 Suppose you buy 45 Feb 100 put option contracts. What is your maximum gain? On the expiration date, Hendreeks is selling for $94.7 per share. How much is your options investment worth? What is your net gain? (Omit the "$" sign in your response.) Maximum gain Terminal value Net gain $ $

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