Suppose you buy 22 contracts of the August 41 put option.

c-1.	What is your maximum gain?
c-2.	On the expiration date, Macrosoft is selling for $35 per share. How much is your options investment worth?
c-3.	On the expiration date, Macrosoft is selling for $35 per share. What is your net gain?

Suppose you sell 22 of the August 41 put contracts.

d-1.	What is your net gain or loss if Macrosoft is selling for $36 at expiration? (Enter your answer as a positive value.)
d-2.	What is your net gain or loss if Macrosoft is selling For $43 at expiration? (Enter your answer as a positive value.)
d-3.	What is the break-even stock price? (Round your answer to 2 decimal places, e.g., 32.16.)

Problem 24-3 Calculating Payoffs [LO1] Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $39