b) The client objects to spending so much for the calls at a strike of 4250. Further, she does not believe that the index will go beyond 4350 over the next 303 days. what should the derivatives an lyst advise the client to do? CJ Suppose the analyst advises the client to sell 100 out-of the money calls at a 43/0 st. ike price K = 43/0. for 3 5 days, What is the usual name of this particular option state_y? What is the net cost to the client? d) Your client is now long 100 at-the-money calls (K - +250) and short 100 calls with k - 4350. What is the deita of your client's position? Calculate this using the table above. e) Next, we can use the Black-Scholes Model's Position Analysis Page to help understand the sensitivity of our client's portfolio. Then we will be able to use the Table & Graphing module to pictorially examine some sensitivities. See the next page for instructions. f) Now, repeat exercise d) using the computer model. The following information should be entered in the initial screen for pricing