(Question 3)(Stock Repair Strategy) You bought 900 stocks at $20 and now it went to down to $10 Price $5 Strike Price K = $5 K = $10 K = $15 K = $20 (A) Call option on UB stock (B) Call option on UB stock (C) Call option on UB stock (D) Call option on UB stock $3 $1.5 $1 Using Stock Repair Strategy LOWER Break-even stock price without further investment Now Hold 900 Stock Total Net Profit/Loss (Question 3)(Stock Repair Strategy) You bought 900 stocks at $20 and now it went to down to $10 Price $5 Strike Price K = $5 K = $10 K = $15 K = $20 (A) Call option on UB stock (B) Call option on UB stock (C) Call option on UB stock (D) Call option on UB stock $3 $1.5 $1 Using Stock Repair Strategy LOWER Break-even stock price without further investment Now Hold 900 Stock Total Net Profit/Loss