m of $8, What is the time value of Vwx Aug 40 put trading for a ifVWX trades for $37.502 a. 0 b. 2.50 c. 5.50 d. 8.00 e. None of the above 45. An investor writes a GHI November 30 put for $4. GHI drops the to $20 and put is exercised. After selling the stock in the market, what is the gain o loss? a. $600 gain b. $600 loss c. $1,400 gain d. $1,400 loss e. None of the above 46. An investor writes an XYZ December 75 call for S8. XYZ increases to 86 just prior to expiration and the call is exercised. The investor does not own XYZ stock. What is the investor's gain or loss? a. $1,300 gain b. $1,300 loss c. $300 gain d. $300 loss e. None of the above 47. An investor buys 100 STX stock at $60 per share and write 1 STX November 80 call for S7 STX stock price goes up to $92, and the investor is assigned and liquidates his position. What are the investor's gains or losses? a. $1,700 gain b. $1700 loss c. $2,700 gain d. $2,700 loss e. None of the above