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Name: 1. (30 points) Plot the payoff chart of an option strategy: Short one call with X-price $1.06/ at a premium of $0.05 Long two

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Name: 1. (30 points) Plot the payoff chart of an option strategy: Short one call with X-price $1.06/ at a premium of $0.05 Long two calls with X-price $1.09/ at a premium of $0.02 each Short one call with X-price $1.12/ at a premium of $0.01 When you plot the payoff chart, please make sure (1) to mark all break-even points (lower break-even point and upper break-even point) and (2) write up the maximum net profit and loss on the grid paper. Note that all options are European option. 2. (5 points) Name the above option strategy

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