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Strike Price Expiration Calls Vol. Last Puts Vol. Last Close Hendreeks 103 103 103 103 1ee 100 10e 100 Feb Mar Apr Jul 72 41

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Strike Price Expiration Calls Vol. Last Puts Vol. Last Close Hendreeks 103 103 103 103 1ee 100 10e 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 a. Suppose you write 40 of the Mar 100 put contracts. What is your net gain or loss if Hendreeks is selling for $96.00 at expiration? For $112? Answer is complete but not entirely correct. net loss X $ 17,550 $96.00 at expiration $112 at expiration net loss X $ 31,850 b. What is the break-even price, that is, the terminal stock price that results in a zero profit? (Do not round intermediate calculations

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