Option prices on Amdac Inc. are provided below. The stock price is $66.25.

CALLS PUTS

Strike Oct. 20 Dec. 20 Oct. 20 Dec. 20

65 2.80 3.60 1.50 2.10

70 0.75 1.30 4.40 4.90

Question: What is the maximum you could gain by purchasing the Dec 70 put?

A. 67.9

B. -4.90

C. 0

D. Infinite

QUESTION 2 1. Option prices on Amdac Inc are provided below. The stock price is $ 66.25. CALLS PUTS Strike Oct-20 Dec-20 Oct-20 Dec-20 65 2.80 3.60 1.50 2.10 70 0.75 1.30 4.40 4.90 Question: What is the maximum you could gain by purchasing the Dec 70 put ? 2.67.9 b.-4.90 oco d Infinite