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You own 100 shares of stock XYZ which is currently trading at $100/share. You sell a covered call with one-month to maturity and a strike

You own 100 shares of stock XYZ which is currently trading at $100/share. You sell a covered call with one-month to maturity and a strike price of $110 (one contract is on 100 shares) for $5/share. Assuming no dividends are paid, what is the maximum value of your position in one month? What is the minimum value of your position in one month? Assume a risk-free borrowing and lending rate of 0%.

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