For $Ki2,$ where $i=1,2,3,$ pick from all the strike prices available in the option chain, pick the one

that is closest to the current share price $,$ i$.$e$.$ the option is roughly at the money:

For $Ki1,$ where $i=1,2,$ from all the strike prices available in the option chain, pick the one that is

closest to of the current share price $\{$:$P_1).$ As for $K31,$ make it equal to $K33,$ as sho

below:

For K$13,$ from all the strike prices available in the option chain, pick the one that is closest to

$1\mathrm{.}05**P1(105\%$ of the current share price P$1).$

For K$23,$ from all the strike prices available in the option chain, pick the one that is closest to

of the current share price $P2$

For K$33,$ from all the strike prices available in the option chain, pick the one that is closest to

$1\mathrm{.}07**$ P$3(107\%$ of the current share price P$3)$

Make K$31$ equal to K $33$

If there are more than one option expiration dates for a given month pick the last one available. Consider the following strategies relating to stock ONE

Strategy $1$: Constructing a synthetic long put position in ONE

Strategy $2$: Buying $1$ shares of ONE and writing one April $/$ K$12$ call option on ONE$$

Strategy $3$: Implementing a covered call position in ONE using the April$/$K$13$ option$$

Consider the following strategies relating to stock TWO

Strategy $4$: Implementing a protective put position in TWO using the April $/$ K$22$ option$$

Strategy $5$: Buying $1$ share of TWO, buying one April$/$K$21$ put option, and writing one April$/$K$23$ call option

Strategy $6$: Implementing a bear spread in TWO using the April$/$K$22$ and April$/$K$23$ strike options

Finally consider the following strategies relating to stock THREE

Strategy $7$: Writing both the April$/$K$32$ strike call option and the April$/$K$32$ strike put option on THREE

Strategy $8$: Writing the December$/$K$33$ strike call option and buying the January$/$K$31$ strike call option on THREE