Thittion, and the 3. (1) Calculate the payoff at expiration for a call option on a futures contract, in which the underlying is at 1136.76 at expiration, the options are on a futures contract for $1,000, and the exercise price is: a. 1130 b. 1140 (2) Calculate the payoff at expiration for a put option on a futures contract, in which the underlying is at 1136.76 at expiration, the options are on a futures contract for $1,000, and the exercise price is: c. 1130 d. 1140 Suppose three call options are available in the market for a stock with current price-$40 Call Option 1: X-35, Premium-9 Call Option 2: X-40, Premium-6 Call Option 3: X-45, Premium-4 (1) Draw three graphs, one for each of the three options' payoffs (2) Draw three graphs, one for each of the three options' profit (3) Draw one graph, combining all three options' payoff together (4) Draw one graph, combining all three options' profit together [Professor's note: Part (3) and (4) might not be easy 4