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please kindly provide solutions with a formula Use the following option quote to answer the questions below. December, 2021 Tesla Ltd Last Sale Price =

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Use the following option quote to answer the questions below. December, 2021 Tesla Ltd Last Sale Price = $15.00 Strike Price Jun July August Call Options $15.00 70 cents 80 cents 95 cents Put Options $15.00 35 cents 50 cents 60 cents a. Suppose you buy 100 June $15 CALL contracts, on the expiration date share price drop to $13 per share, what are your options worth (3.25 marks) b. Suppose you buy 50 August PUT contracts. What is your maximum net gain

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