Suppose you write 60 of the Feb 100 put contracts. What is your net gain or loss if Hendreeks is selling for $99 at expiration? For $116?

What is the break-even price, that is, the terminal stock price that results in a zero profit?

Calls Puts Strike Price Expiration Vol Close Vol. Last Last Hendreeks 103 100 Feb 72 5.20 50 2.40 103 100 Mar 41 8.40 29 4.90 103 100 16 10.68 Apr 10 6.60 103 100 Jul 8 14.30 10.10 a. Suppose you write 60 of the Feb 100 put contracts. What is your net gain or loss if Hendreeks is selling for $99 at expiration? For $116? (omit the sign in your response.) $99 at expiration net gain $116 at expiration net gain 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. Omit the sign in your response Break-even price