Show graphically the profit and stock price relationships at expiration or if the option is exercised for the following fundamental option positions:

a. Call Purchase

b. Naked Call Write

c. Covered Call Write

d. Put Purchase

e. Naked Put Write

f. Covered Put Write In each case, assume the stock is trading at \(\$50.00\), the exercise price is \(\$50.00\), and the price of the call or put is at \(\$3.00\).