MULTIPLES 62.XYZ falls to $40 and XYZ March 60 for $5 when the price of XYZ IS 61.XYZ 1. Harris buys 20 call options on XYZ March 60 for $5 when remains there through March. What is Harris's gain or loss? a. Gain 30,000. Gain 29,000 c. Loss 9,000. d. Loss 10,000. b. gies should he follow: 2. Gerry expects the market to rise. Which of the follou the market to rise. Which of the following option strategies should hef 1. Long call. 2. Long put. 3. Short call. 4. Short put. a. 2 and 3. b. 1 and 2. c. 3 and 4. d. 1 and 4. reise price is $65. The put option "intrinsic value of the put 3. A put option is available on the stock of Rally Corporation. The exercise price is $6 watch os. I ne put option price is $1. Rally stock is currently selling for $70 per share. What is the "intrinsic value option? a. $0. b. $4. c. $5. d. $9