(SOS!! I have 1 hour for this) You purchase one Virgin Galactic March 120 put contract (equalling 1000 shares) for a put premium of $10. You hold the option until the expiration date, when Virgin Galactic stock sells for $123 per share.

a) How much is the realized profit/loss on the transaction? (4 points) b) What is the maximum profit that you can realize on this position? Explain your answer! (3 points) c) What is biggest loss that you can suffer on this position? Explain your answer! (3 points) d) What is the realized profit/loss of your counterparty (the buyer of this call option)? Explain your answer! (2 points)