Consider: (a) Stock trades for $100; (b) Zero coupon bond with a maturity of one year trades with an implied interest rate of 3%; (c) Calls with exercise prices of $90, $95, $100, $105, and $110 trade at prices of $17.00, $14.00, $11.35, $9.10, and $7.25 respectively; and (d) Puts with exercise prices of $90, $95, $100, $105, and $110 trade at prices of $4.30, $6.15, $8.40, $11.00, and $14.00 respectively.

What is the payoff of the following strategies, and the motivation/expected view of traders who buy (and sell) the following positions:

Buy Stock and Buy $100 Put.

Buy Stock and Write $110 Call.

Buy $90 Call and Write $110 Call.

Buy $90 Put and Write $110 Put.

Buy $110 Call and Write $90 Call.

Buy $110 Put and Write $90 Put.

Buy $100 Call and Buy $100 Put.

Buy $110 Call and Buy $90 Put.

Buy $90 Call, Write two $100 Calls, and Buy $110 Call.