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Please with required calculations. QUESTIONS: Determine the profit equations with notations and state the strategies (bear or bull market strategy). Identify and draw graph for

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Please with required calculations.

QUESTIONS: Determine the profit equations with notations and state the strategies (bear or bull market strategy). Identify and draw graph for the breakeven stock price at expiration, minimum and maximum profits for the following questions by making necessary calculations and using the information below: CALLS PUTS Strike Price ($) Price ($) 8.10 Price ($) 6.75 165 170 6.00 9.00 1. Take the following position: Long 1 put and long 1 share of stock (Protective Put). 2. Take the following position: Short 1 Covered call and Long 1 Protective put (*Note that: Covered call consists of 1 stock in long position and 1 call option in short position and Protective put consists of 1 stock and 1 put option both in long position) 3. Take the following position: Short 595 shares of stock and long 1000 call option. Assume that the current stock price is 160$, exercise price is 170$ and the stock price at option's expiration is 166 $. 4. Take the following position: Long 100 put options with exercise price 170 and short 100 call options with exercise price 165. Assume that the current stock price and the stock price at options expiration are 160 $ and 163 $, respectively. QUESTIONS: Determine the profit equations with notations and state the strategies (bear or bull market strategy). Identify and draw graph for the breakeven stock price at expiration, minimum and maximum profits for the following questions by making necessary calculations and using the information below: CALLS PUTS Strike Price ($) Price ($) 8.10 Price ($) 6.75 165 170 6.00 9.00 1. Take the following position: Long 1 put and long 1 share of stock (Protective Put). 2. Take the following position: Short 1 Covered call and Long 1 Protective put (*Note that: Covered call consists of 1 stock in long position and 1 call option in short position and Protective put consists of 1 stock and 1 put option both in long position) 3. Take the following position: Short 595 shares of stock and long 1000 call option. Assume that the current stock price is 160$, exercise price is 170$ and the stock price at option's expiration is 166 $. 4. Take the following position: Long 100 put options with exercise price 170 and short 100 call options with exercise price 165. Assume that the current stock price and the stock price at options expiration are 160 $ and 163 $, respectively

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