Question: State the dollar amount of margin you are required to keep with a broker when trading one contract (on one hundred shares) of the following

State the dollar amount of margin you are required to keep with a broker when trading one contract (on one hundred shares) of the following options on Your Beloved Machines Inc. YBM’s current stock price is $103.
a. A long put worth $6 for an option maturing in six months
b. A long call worth $8 for an option maturing in ten months
c. A short call worth $3 for an option maturing in two months if the strike price is $105

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