please show how each step is calculated, provided answers dont have calculations

61 a af e Automatic Zoon Question 2. (Inis question has three parts: I, II and III) Assume current stock price is $30, analyze and compare the following two trading strategies: (a) One share and a short position in two call options and (b) One share and a short position in four call options. All options have same strike price $32 and same expiration. Each option has a value $1. Part I. Showing the variation of an investor's profit and loss at option expiration by using the provided table: Strategy (a) Long one share S, 532 S,>32 Short two calls Payoff Profit Strategy (b) Long one share Short four calls Payoff Profit View as Text Download (4 Marks)