You long a call option with a strike price of K. The underlying asset price on expiration date is S. What is your payoff?

Group of answer choices

S - K if S > K, but zero otherwise.

K - S if K > S, but zero otherwise.

0

S - K

You short a call option with a strike price of K. The underlying asset price on expiration date is S. What is your payoff?

Group of answer choices

K - S if S > K, and zero otherwise.

K - S

0

S - K if S > K, and zero otherwise.

You long a put option with strike K. The underlying price at expiration is S. What's your payoff?

Group of answer choices

K - S if K > S, and zero otherwise.

K - S

S - K

0