You have bought 1 share of stock for $58.04 and 4 call options on the same stock. Each option has an exercise price of $60, cost $2.91 each, and expires in three months.

Part 1

What is your profit from buying the stock (only) if the stock price is $20 in three months (in $)? Ignore the options for now.

Part 2

What is your profit from buying the options (only) if the stock price is $50 in three months (in $)? Ignore the stock for now.

Part 3

What is your total profit if the stock price is $100 in three months (in $)?