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Calls Vol. Last Puts Vol. Last Strike Price Expiration Close Hendreeks 103 10 100 100 100 100 Feb Mar Apr 72 41 16 8 5.20

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Calls Vol. Last Puts Vol. Last Strike Price Expiration Close Hendreeks 103 10 100 100 100 100 Feb Mar Apr 72 41 16 8 5.20 8.00 10.68 14.30 50 29 10 2 2:40 4.90 6.60 10.10 103 100 Jul a. Suppose you write 65 of the Mar 100 put contracts. What is your net gain or loss if Hendreeks is selling for $97.80 at expiration? For $114? 397 80 at expiration $114 at expiration b. What is the break-even price, that is, the terminal stock price that results in a zero profit? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Break even pece

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