Consider the investor from Question #2 above. As an alternative to the range-forward hedge from above, the investor considers selling 5 SPY 150 puts for $1.59/share, and purchasing 5 SPY 177 calls for $1.76/share. a. Complete the table below with the alternative option contracts. Mark cash outflows or costs as negative, and cash inflows or profits as positive values. SPY Spot @ expiration $145 $165 $200 CF from purchasing 500 shares SPY -$72,500 $82,500 P/L short 150 put $1,705 $795 P/L long 177 call $880 $880 Net CF $75,085 $82,585 b. Compare/contrast the two hedges considered above. Consider the investor from Question #2 above. As an alternative to the range-forward hedge from above, the investor considers selling 5 SPY 150 puts for $1.59/share, and purchasing 5 SPY 177 calls for $1.76/share. a. Complete the table below with the alternative option contracts. Mark cash outflows or costs as negative, and cash inflows or profits as positive values. SPY Spot @ expiration $145 $165 $200 CF from purchasing 500 shares SPY -$72,500 $82,500 P/L short 150 put $1,705 $795 P/L long 177 call $880 $880 Net CF $75,085 $82,585 b. Compare/contrast the two hedges considered above