Price of stock X is now $121, and one-month call options with a strike price of $130 is selling for $11.00. If you believe the price of the stock will increase and decide between buying 100 shares and buying 1,100 call options (11 contracts). a) What is the break-even price for the call options? b) How high does the stock price have to rise for the option strategy to be more profitable comparing with buying shares directly? c) Draw the graph of profit or loss per share for these two strategies as a function of stock price