Turn back to Figure 15.1, which lists the prices of various Microsoft options. 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. (LO 15-1)

A.Call option, X = 135.

B.Put option, X = 135.

C.Call option, X = 145.

D.Put option, X = 145.

\begin{tabular}{|l|c|c|c|} \hline \multicolumn{2}{|c|}{ Microsoft (MSFT) } & \multicolumn{2}{c|}{Underlyingstockprice=$139.69} \\ \hline Expiration & Strike & Call & Put \\ \hline November 15, 2019 & 135 & 6.78 & 1.89 \\ \hline November 15, 2019 & 140 & 3.60 & 3.70 \\ \hline November 15, 2019 & 145 & 1.50 & 6.65 \\ \hline & & & \\ \hline December 20, 2019 & 135 & 7.93 & 3.28 \\ \hline December 20, 2019 & 140 & 4.88 & 5.30 \\ \hline December 20, 2019 & 145 & 2.71 & 8.10 \\ \hline \end{tabular}