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Please clearly write or type out answers to questions a-c. For Apple (AAPL) 1. Find Current Stock Price and Jan 135/145 Call (2022). - AAPL

Please clearly write or type out answers to questions a-c.image text in transcribed

For Apple (AAPL) 1. Find Current Stock Price and Jan 135/145 Call (2022). - AAPL stock price was around $131 as of April 8, 2021. So, let's assume followings: AAPL current stock price: $131 Jan. 2022, 135 Call: $12.90 Jan. 2022, 145 Call: $9.20 (As strike price rises, the option price declines.) 3. Assume that you purchased the stock (for closing price) and write the call option. (135/145 Call) (covered call) a. What is the max. profit for writing the Call Option? b. What is the max. loss for the option writer/seller? c. Draw a figure for corresponding profit/loss (similar to the picture below). Profit or Loss on Selling a Covered Call (at Expiration of the Call) $10 5 Profit $40 50 60 Price of the Stock -5 Oss -10

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