Mary wrote a $40$ call on $\backslash ($ A B C $\backslash )$ stock at a price of $\backslash (\backslash$$ $275\backslash ).$ She does not own any shares of $\backslash ($ A B C $\backslash ).$ Mary has

I$)$ limited her losses to $\backslash (\backslash$$ $275\backslash ).$

II$)$ unlimited loss potential.

III$)$ limited her gains to $\backslash (\backslash$$ $275\backslash ).$

IV unlimited profit potential.B$)$ II and III onlyC$)$ I and III onlyA$)$ I and IV onlyD$)$ II and IV only