Refer to the options chain below for a stock with a current price (S0) of $67.50 Your client owns 75,000 shares of this stock and is concerned about the stock declining, but she can't afford long puts on so many shares. You suggest a collar starting with puts $5 out of the money. Select the call contract which would work best for a collar assuming the client does not want to spend any money out of pocket. She wants calls that are furthest from the current price of the stock today, so the stock is less likely to be called away if it goes up in price. How much net premium (ignoring commissions) does the client receive from the collar on all shares? \begin{tabular}{l} 429,000 \\ \hline 41,250 \\ \hline 25,000 \\ \hline 123,750 \\ \hline 12,375 \end{tabular}