Gen El ( GE )			Underlying stock price*: 18.95
Expiration	Strike	Call			Put
		Last	Volume	Open Interest	Last	Volume	Open Interest
Jun	17.00	2.18	166	61825	0.22	2140	45692
Jun	18.00	1.35	998	88907	0.41	12271	30692
Jun	19.00	0.75	9304	59264	0.78	4010	19372
Jun	20.00	0.34	2916	64367	1.46	554	8256

1. create a covered call using the call with strike price of 17. What is your breakeven point?

2. create a protective put using the put with strike price of 17. What is your breakeven point?

3. create a bull spread using the call options with strike price of 17 and 18. What is your breakeven point?

4. create a bull spread using the call options with strike price of 17 and 18. What is the initial cost of the bull spread?

5. create a butterfly spread using the call options with strike price of 17, 18 and 19. What is the initial cost of the butterfly spread?

6. create a butterfly spread using the call options with strike price of 17, 18 and 19. What is the breakeven point of the butterfly spread?

7. create a straddle using a call and a put option both with strike price of 17. What is the lower breakeven point of the straddle?

8. create a straddle using a call and a put option both with strike price of 17. What is the invetment(cost) required to create one straddle?