Option payoff and profit Refer to Figure 15.1, which lists the prices of various IBM options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following Oct-11 expiration options, assuming that the stock price on the expiration date is $166. (Leave no cells blank - be certain to enter "O" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places. Your answer should be for one share.) Payoff Profit/Loss a. Call option, X-160 b. Put option, X- 160 c. Call option, X-165 d. Put option, X- 165 e. Call option, X-170 f. Put option, X-170