how did he make this table from scratch? did the stock price 32 come from (current market price 37) - (5$ per option) or did he choose 32 randomly as an arbitrary number chosen randomly?

2. also how did he get (put profit 3$) on the first line of the table, and then how did he get (2$ put profit) on the second line. is there a formula for put profit???

3. why does put profit stay at 5$ for so long???

I w s -2 NN Insurance Ken the options trader bought 100 shares of XYZ stock at $37 per share. At the same time he bought one put option contract for a market price of $5 per option. The exercise (strike) price for these options is 540. Assume that Ken maintains these positions until the expiration date of these options. The expiration date is 1 month in the future. Construct a table showing the dollar profits or losses from the combination of these two investments as a function of the stock price at the expiration date. Stock Price Stock Profiti Put Profit | Net Profit 32 -2 33 -2 34 -3 -2 35 -2 36 -2 37 O -2 39 -2 34 2 -2 40 3 5 -2 41 4 -1 42 5 43 6 1 44 7 2 45 S 3 46 9 4 47 10 5 48 il 6 n n nin's w to - nw -5 Based on this table: a What is the most amount of money Ken can make from the combination of these 2 investments? As the stock price rises theoretically infinite