Calculate the net profit per share on the following option positions at expiration:
a. Buy a call option with a strike price of $50 for a $3 premium; stock price is $60
Calculate the net profit per share on the following option positions at expiration:
b. Buy a put option with a strike price of $36 for a $2 premium; stock price is $40
Calculate the net profit per share on the following option positions at expiration:
c. Write a put option with a strike price of $80 for a $4 premium; stock price is $78