1. What is the maximum profit / loss and break-even for the following option trades?
   1. Buy 1 XYZ 30 Call @ 2.50
   2. Sell 1 XYZ 25 Call @ 4.00
   3. Buy 1 XYZ 40 Put @ 5.50
   4. Sell 1 XYZ 30 Put @ 2.00
2. What is the maximum profit / loss and break-even for the following option spread trades?
   1. Long 100 XYZ @ 42.50 / Sell 1 XYZ 45.00 Call @ 2.00
   2. Long 100 XYZ @ 52.50 / Sell 1 XYZ 55.00 Put @ 4.00
   3. Buy 1 XYZ 40.00 Call @ 2.50 / Buy 1 XYZ 40.00 Put @ 1.75
   4. Buy 1 XYZ 50.00 Call @ 5.00 / Sell 1 XYZ 60.00 Call @ 1.50