Options on IBM Expiration JUL JUL JUL Call Put Strike Last Volume Open interest Last Volume Open interest 100 4.50 32800 46311 2.00 15147 9700 105 4.00 5600 24232 2.80 4457 4500 110 3.50 700 8526 3.00 135 1700 Question 11 (5 points): You buy the July expiration put option with an exercise price of $105. If the stock price in July is $100, what is the respective profit? Question 12 (5 points): You buy the July expiration call option with an exercise price of $110. If the stock price in July is $120, what is the respective net profit? Question 13 (5 points): Assume that another July expiration call option with a strike price of $115 exists, the price of this call option would more likely be $2.8 or 3.8$? Question 14 (5 points): Assume that another July expiration put option with a strike price of $95 exists, the price of this put option would more likely be $1.8 or $2.5