choose from sell/buy, put/call

Mutual Fund Manager A and Mutual Fund Manager B both own 1 share of INTC stock, trading at $28/ share. The continuously compounded interest rate is 4.25%. Mutual Fund Manager A decides to sell a cap at $32.50. This means they (pulldown menu) a (pulldown menu) option with a strike price K=$ (number only, answer to 2 decimals). The option costs $0.75 and expires in 1 year. At the time the option expires, Manager A outperforms Manager B (i.e. his portfolio is worth more) only if the price of INTC rises to ST=$ or higher (number only, answer to 2 decimal places). Certainty 3 : C=1 (Unsure: 67%)C=3 (Quite sure: >80% )