Suppose that you short the S&R index for $1000 and sell a 1000-strike put. Construct a table mimicking Table 3.1 that summarizes the payoff and profit of this position. Verify that your table matches Figure 3.5.
For the following problems assume the effective 6-month interest rate is 2%, the S&R 6 month forward price is $1020, and use these premiums for S&R options with 6 months to expiration:

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Strike Call Put $950 $120405 $51.777 93.809 74.201 84.470 71.802 0214 51.873 137.167 1000 1020 1050 1107 84.470