I am working on trying to find a formula to help me solve the problem of Covered Call Strategy

I am attaching the problem to solve.

Covered Call Strategy a. Evanston Insurance, Inc., has purchased shares of Stock E at $50 per share. It will sell the stock in six months. It considers using a strategy of covered call writing to partially hedge its position in this stock. The exercise price is $53, the expiration date is six months, and the premium on the call option is $2. Complete the following table: POSSIBLE PRICE OF PROFIT OR LOSS PER SHARE IF PROFIT OR LOSS PER SHARE IF A STOCK E IN SIX A COVERED CALL STRATEGY COVERED CALL STRATEGY IS MONTHS IS USED NOT USED $47 50 52 55 57 60