1. Options Ex.1 Buy a put and a call option at strike price of $100. The cost of this strategy is: $10+$7.645=$17.645

2. S Profit or Loss 100 - 17.645

3. Options Ex.2 S Profit or Loss X 9.177

4. Options Ex.2c Buy a Call option, lend $50/1.1 0.25, and write a put option. The total cost:

5. Options Ex.3 Buy a call option with a strike price of $60 and write a call option with a strike price of $62. TotalWrite C62Buy C60S 02-255 02-260 1261 22062 2-3567

6. Options Ex.4 When X>S 0  the call option is out of the money and the put option is in the money.

7. Options Ex.5

8. Options Ex.5b Ex.5c

9. Options Ex.6

10. Ex.6b Ex.6c

11. Options Ex.7