Refer to Figure 15.1, which lists the prices (premiums) of various Facebook options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following Oct-14 expiration date options per share, assuming that the stock price on the expiration date is $82.

Assume you are buying these options (rather than selling).

Note: remember, if the payoff is technically negative - we say the payoff is $0 - since the option is worthless. In this case, add 0 as the payoff answer. (Leave no cells blank - be certain to enter "0" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.)

Refer to Figure 15.1, which lists the prices (premiums) of various Facebook options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following Oct-14 expiration date options per share, assuming that the stock price on the expiration date is $82. Assume you are buying these options (rather than selling). Note: remember, if the payoff is technically negative - we say the payoff is $0 - since the option is worthless. In this case, add 0 as the payoff answer. (Leave no cells blank - be certain to enter "O" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.) PREMIUMS Call Facebook (FB) Expiration Strike Oct-14 75 Oct-14 80 3.95 1.65 Put 3.01 5.72 75 4.85 3.97 Nov-14 Nov-14 80 2.64 6.74 Profit/Loss Payoff 2 a.Call option, X = 75 b.Put option, X= 75 c.Call option, X= 80 d.Put option, X= 80