Show graphically the profit and futures price relationships at expiration for the following positions on a November corn futures options with an exercise price of \(\$3.20 /\) bushel, size of 5,000 bushels, and call and put price of \(\$0.20 /\) bushel. Evaluate at futures prices at expiration or when the contract is exercised of \(\$2.80, \$2.90, \$3.00, \$3.10, \$3.20, \$3.30, \$3.40, \$3.50,3.60\), and \(\$3.70\).

a. Call purchase

b. Put purchase

c. Naked call write

d. Naked put write

e. Straddle purchase

f. Straddle write