Current price: $159\mathrm{.}2$

Expiration: $3/15/2024$

Calls:

Strike price: $160$

Premium: $1\mathrm{.}52$

Puts:

Strike price: $160$

Premium: $1\mathrm{.}75$

Stock price at expiration: $$120,125,130,135,140,145,150,155,160,165,170,175,180,185,190,200($use steps of $$5)$

c$.$ LONG STRADDLE

Today, you set up the following trades $($separate from A and $B$ above$)$

Buy a call option and a put option at the same strike price.

On March $15($expiration date$)$

Calculate the payoff of your portfolio at each stock price given in the sheet.

Calculate the $\frac{P}{L}$ of your portfolio at each stock price $($this includes the premium$).$

Draw the graph showing the payoff and the $\frac{P}{L}$ at each stock price.

A$.$ PROTECTIVE PUT

Today, you set up the following portfolio:

Buy $100$ shares of the stock at the current market price.

Buy I put option at the strike price indicated

On March $15($expiration date$),$

Calculate the payoff of your portfolio at each stock price given in the sheet.

Calculate the $\frac{P}{L}$ of your portfolio at each stock price $($this includes the premium$).$

Draw the graph showing the payoff and the P$/$L at each stock price $(120-200)$