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Suppose you buy one SPX call option contract with a strike of 1400 . At maturity, the S&P 500 index is at 1423 . What

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Suppose you buy one SPX call option contract with a strike of 1400 . At maturity, the S\&P 500 index is at 1423 . What is your net gain or loss if the premium you paid was $14 ? (Input the amount as a positive value.) Answer is complete but not entirely correct. a. Suppose you write 50 of the Mar 100 put contracts. What is your net gain or loss if Hendreeks is selling for $97 at expiration? For \$114? b. What is the break-even price, that is, the terminal stock price that results in a zero profit? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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