Assignment \#5 Use the above option chain to answer the following questions. 1. Assume you own 1000 shares of FCX and you want to write August calls for extra income. If you write the Aug 40 calls, what will be your annualized return in option premium. (There are 17 days remaining.) 2. Assume you had already written 5 Aug 35 calls on your shares. The stock has gone up and you want to roll your calls to a higher strike in the same expiration, but you want to roll for a credit. You are willing to sell calls on the other 500 shares when you roll to do that. Which options can you roll to in the August expiration for a credit? 3. If you didn't own any FCX shares and you wrote a 38.50 put, what would your net margin requirement be