$\backslash$table$[[$Microsoft $($MSFT$),\backslash$table$[[$Underlying stock$],[$price $=$ $$139\mathrm{.}69]]],[$Expiration$,$Strike,Call,Put$],[$November $15,2019,135,6\mathrm{.}78,1\mathrm{.}89],[$November $15,2019,140,3\mathrm{.}60,3\mathrm{.}70],[$November $15,2019,145,1\mathrm{.}50,6\mathrm{.}65],[,,,],[$December $20,2019,135,7\mathrm{.}93,3\mathrm{.}28],[$December $20,2019,140,4\mathrm{.}88,5\mathrm{.}30],[$December $20,2019,145,2\mathrm{.}71,8\mathrm{.}10]]$

Question $1$: Use the data in the figure to calculate the payoff and the profits for investments in each of the following November $2019$ expiration options, assuming that the stock price on the expiration date is $$140.x=$ strike price. $(12$ points$)$

A$.$ Call option, $x=$$$135.$

B$.$ Put option, $x=$$$135.$

C$.$ Call Option, $x=$$$140.$

D$.$ Put Option, $x=$$$140.$

E$.$ Call option, $x=$$$145.$

F$.$ Put option, $x=$$$145.$

Question $2$: Suppose you think Dactyl stock is going to appreciate substantially in value in the next year.$\text{'}$ Dactyl's current stock price, $$0,$ is $$100.$ The call option expiring in one year has an exercise price, $x,$ of $$100$ and a selling price, $C,$ of $$10.$ You have $$10,000$ to invest in Dactyl and are considering three alternatives $((8$ points$)$:

Invest all $$10,000$ in Dactyl stock, buying $100$ shares.

Invest all $$10,000$ in $1,000$ call options $($that$\text{'}$s $10$ contracts for $100$ shares each$).$

Buy $100$ call options $($one contract$)$ for $$1,000$ and invest the remaining $$9,000$ in a money market fund paying $4\%$ interest annually.

What is your rate of return for each alternative for four stock prices one year from now? $($$$80,$$$100,$$$110,$$$120)$