Suppose you write the following call option $(1$ option, not $1$ contract

containing $100$ options$).$ What is the payoff and profit at expiration if the

stock price is $$40?$

Call

a$.$ payoff is $-5\mathrm{.}00$ ; profit is $2\mathrm{.}85$

b$.$ payoff is $0$ ; profit is $0$

c$.$ payoff is $-5\mathrm{.}00$ ; profit is $-2\mathrm{.}85$

d$.$ payoff is $0\mathrm{.}00$ ; profit is $-2\mathrm{.}15$

e$.$ payoff is $0$ ; profit is $2\mathrm{.}15$