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The following table lists the options on Amazon shares in January 2018 when Amazon stock was selling for $1,240. Expiration Date Exercise Price Call Price

The following table lists the options on Amazon shares in January 2018 when Amazon stock was selling for $1,240.

Expiration Date Exercise Price Call Price Put Price
July 2018 $ 1,240 $ 162.50 $ 53.59
1,340 104.40 96.40
1,440 62.95 156.45

Use the data in the table to calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $1,320. (Negative amounts should be indicated by a minus sign. Round your "Profit" answers to 2 decimal places.)

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