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Close Strike Price Expiration Calls Puts Volume Last Volume Last Hendreeks 1 0 3 1 0 0 February 7 2 5 . 2 0 5

Close Strike Price Expiration Calls Puts
Volume Last Volume Last
Hendreeks
103100 February 725.20502.40
103100 March 418.40294.90
103100 April 1610.68106.60
103100 July 814.30210.10
Suppose you write 60 of the Apr 100 put contracts. What is your net gain or loss if Hendreeks is selling for $96 at expiration? For $116?
What is the break-even price, that is, the terminal stock price that results in a zero profit?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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