1. There are two investment options below.

Investment Alternative 1: John buys shares of ATT of 52$ for long position for call option and also, he buys shares of BBT of 60$ for short position for call option. He buys BBT short position for 3$. Calculate daily profit/loss for hare of ATT.

Day	1.	2.	3.	4.	5.	6.
Price ($)	45	48	51	55	62	65

Investment Alternative 2: Betty buys shares of CCT of 45$ for long position for call option and also, she buys shares of CCT of 49$ for short position for call option. She buys CCT short position for 4$. Calculate daily profit/loss for hare of CCT.

Day	1.	2.	3.	4.	5.	6.
Price ($)	45	50	53	55	65	68

Do you think, which of the two different investments more profitable end of the sixth day? Why?