Strike Price Calls Vol. Last Puts Vol. Last Expiration close Hendreeks 103 103 103 103 100 100 100 100 Feb Mar Apr Jul 72 41 16 8 5.20 8.40 10.68 14.30 50 29 10 2 2.40 4.90 6.60 10.10 Suppose you buy 50 July 100 put option contracts. What is your maximum gain? On the expiration date, Hendreeks is selling for $86.70 per share. How much is your options investment worth? What is your net gain? (Do not round intermediate calculations.) Maximum gain Terminal value Net gain