$3-1.$ Answer the questions below for the following combined position

Long $500xYZ$ at $256\mathrm{.}04$

Short $5$ XYZ $260$ calls @ $3\mathrm{.}40(45$ days till expiration$)$

a$)$ What is the initial net investment $($i$.$e$.$ cost basis$)$ if paying cash?

b$)$ What is the Return If Exercised $($for the period$)?$

c$)$ What is the RIE annualized?

d$)$ What is the RIE annualized if purchasing on margin?

e$)$ What is the Return if Unchanged?

f$)$ What is the RU annualized?

$3-2.$ Short XYZ Nov $260$ put at $5\mathrm{.}60(45$ days$)$

What is the NET margin requirement for this position?

What is the maximum return for the period?

What is the max return annualized?

What would it cost to put on a Synthetic short position on XYZ using the $260$ options?