Question C2 (Monitoring Your Position). Let's use the following information for Question C2. Assume that you have bought ANZDW8 (American call, expires 20th April, 2023 ) some time ago when the common share price was $24.53, the strike price of the call is $25 and each call costs you $0.55 (column 1 ). The 2nd column gives data for today's information which are self-explainable given you are taking this unit. Table 2: Updated Market (Question C2) Each of above four follow-up actions would produce different levels of risk and reward from today onwards. Use the following table as a template to compare these alternative strategies at expiration and label the best and worst strategies for each scenario. Comment on your analysis results. (Words limit: 300; 15 Marks; GLO 1+ GLO 5) 1. "Do nothing". You can continue to hold existing calls. 2. "Liquidate". You can sell the calls (close your position) to take profits. Given that you have to pay commissions by trading stocks, it is rarely to your benefit to exercise the call. 3. "Roll up". You sell the calls you are holding, pocket the original investment, and use the remaining proceeds to purchase out-of-the-money calls. 4. "Spread". You sell out-of-the-money call against your current call to create a bull spread. You wish the selling premium could cover at least some original cost of the long call