Problem A10: An investor purchases a stock for $38 and a put for $0.50 with a strike price of $35. The investor sells a call for SO SO with a strike price of $40. What is the maximum profit ad loss for this position? Draw a profit and loss diagram for this strategy as a function of the stock price at expiration Professor Cursie's Aint: I would pick as possible stock prices at expiration values of 33, 35, 38, 40, and 45. fully expect the profit/loss for 33 to be exactly the same as for 35, and for 45 to be exactly the same as for 40 Problem 18. in what ways is owning a corporate bond similar to writing a put option? A Call option? Problem 122: A Fin Corp put option worth strike price 60 trading on the Acme options exchange sets for $2. To your amazement, a FinCorp put with the same maturity selling on the Apex options exchange but with strike price of 62 sells for $2. If you plan to hold the options positions to expiration, devise a zero net-investment arbitrage strategy to exploit the pricing anomaly. Draw the profit diagram at expiration for your position PA