Use the following quotes for Target stock options:

Source: Bloomberg Finance L$.$P$.$

Assume you purchased the right to sell $2,000$ shares of Target stock in

February $2022$ at a strike price of $$210$ per share. Suppose Target stock

sells for $$203$ per share immediately before your options' expiration. What is

the rate of return on your investment? What is your rate of return if the stock

sells for $$217$ per share $($think about it$)?$ Assume your holding period for this

investment is exactly three months.

Note: A negaive value should be indicated by a minus sign. Do not round

intermediate calculations. Enter your $3-$month returns as a percent

rounded to $2$ decimal places.