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Study the Costless Collar Graph above and answer the following questions: Describe the Put portion of the Hedge? Would you want to use this as

Study the Costless Collar Graph above and answer the following questions:
Describe the "Put" portion of the Hedge? Would you want to use this as a buyer or seller?
Describe the "Call" portion of the Hedge? Would you want to use this as a buyer or seller?
Why is there no "Premium" in this transaction?
If the NYMEX was at $9 what would the price be
If the NYMEX was at $11 what would the price be
If the NYMEX was at $2 what would the price be
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