Question #36 (12 points) Charlie bought seven put option contracts on a stock at an option price of $3.25. The stock's share price is currently $39.42. The options have a strike price of $38. Use the commission schedule in the text/from the notes. (a) What are the minimum and maximum commissions allowable for the option contract purchases? [2 points) centage Sample Commission Schedule Dollar Amount of Trade Commission $10,000 $120 +0.25% of dollar amount *Maximum commission is $30 per contract for the first five contracts plus $20 per contract for each additional contract. Minimum commission is $30 per contract for the first contract plus $2 per contract for each additional contract. Question #36 (12 points) Charlie bought seven put option contracts on a stock at an option price of $3.25. The stock's share price is currently $39.42. The options have a strike price of $38. Use the commission schedule in the text/from the notes. (a) What are the minimum and maximum commissions allowable for the option contract purchases? [2 points) centage Sample Commission Schedule Dollar Amount of Trade Commission $10,000 $120 +0.25% of dollar amount *Maximum commission is $30 per contract for the first five contracts plus $20 per contract for each additional contract. Minimum commission is $30 per contract for the first contract plus $2 per contract for each additional contract