please explain to me

[There are 11 things to answer below, but this question will be worth 10 marks in totall A trader establishes an option-trading strategy as follows: - one long call option with a strike price of $20, which has a premium of $1.60, - two short call options with a strike price of $25, each call having a premium of $0.50, and - one long call option with a strike price of $32, which has a premium of $0.10. The upfront cost to establish this strategy is Do not enter a +ve or -ve sign for this answer. Just enter the dollar amount to 2 decimal places. Do not enter the dollar sign (\$). In the following questions, enter all answers to 2 decimal places. If the payoff is negative, be sure to enter the negative sign. Be careful to differentiate betweem gross payoff and net payoffs. Do not enter the dollar sign (S). if the underlying share price at expiry is $29: The gross payoff on the long $20 call option is Taken together, the gross payoff on the two short $25 call options is to 2 decimal places. Do not enter the dollar sign ( ($). In the following questions, enter all answers to 2 decimal places. If the payoff is negative, be sure to enter the negative sign. Be careful to differentiate betweem gross payoff and net payoffs. Do not enter the dollar sign (\$). if the underlying share price at expiry is $29 : The gross payoff on the long $20 call option is Taken together, the gross payoff on the two short $25 call options is The gross payoff on the long $32 call option is The gross payoff to the option-trading strategy is If the underlying share price at expiry is $42 : The gross payoff on the long $32 call option is 39 of 40 The gross payoff to the option-trading strategy is If the underlying share price at expiry is $42 : The gross payoff on the long $20 call option is Taken together the gross payoff on the two short $25 call options is The gross payoff on the long $32 call options is The gross payoff to the option-trading strategy is Taking the upfront establishment cost into account, there are two breakeven points for this option-trading strategy. In the two boxes below, enter the breakeven points in order from lowest to highest. The gross payoff on the long $20 call option is Taken together the gross payoff on the two short $25 call options is The gross payoff on the long $32 call options is The gross payoff to the option-trading strategy is Taking the upfront establishment cost into account, there are two breakeven points for this option-trading strategy. In the two boxes below, enter the breakeven points in order from lowest to highest. and Do not enter the dollar sign (S) anwhere in this question. Enter answers to 2 decimal places. Report question issue Notes [There are 11 things to answer below, but this question will be worth 10 marks in totall A trader establishes an option-trading strategy as follows: - one long call option with a strike price of $20, which has a premium of $1.60, - two short call options with a strike price of $25, each call having a premium of $0.50, and - one long call option with a strike price of $32, which has a premium of $0.10. The upfront cost to establish this strategy is Do not enter a +ve or -ve sign for this answer. Just enter the dollar amount to 2 decimal places. Do not enter the dollar sign (\$). In the following questions, enter all answers to 2 decimal places. If the payoff is negative, be sure to enter the negative sign. Be careful to differentiate betweem gross payoff and net payoffs. Do not enter the dollar sign (S). if the underlying share price at expiry is $29: The gross payoff on the long $20 call option is Taken together, the gross payoff on the two short $25 call options is to 2 decimal places. Do not enter the dollar sign ( ($). In the following questions, enter all answers to 2 decimal places. If the payoff is negative, be sure to enter the negative sign. Be careful to differentiate betweem gross payoff and net payoffs. Do not enter the dollar sign (\$). if the underlying share price at expiry is $29 : The gross payoff on the long $20 call option is Taken together, the gross payoff on the two short $25 call options is The gross payoff on the long $32 call option is The gross payoff to the option-trading strategy is If the underlying share price at expiry is $42 : The gross payoff on the long $32 call option is 39 of 40 The gross payoff to the option-trading strategy is If the underlying share price at expiry is $42 : The gross payoff on the long $20 call option is Taken together the gross payoff on the two short $25 call options is The gross payoff on the long $32 call options is The gross payoff to the option-trading strategy is Taking the upfront establishment cost into account, there are two breakeven points for this option-trading strategy. In the two boxes below, enter the breakeven points in order from lowest to highest. The gross payoff on the long $20 call option is Taken together the gross payoff on the two short $25 call options is The gross payoff on the long $32 call options is The gross payoff to the option-trading strategy is Taking the upfront establishment cost into account, there are two breakeven points for this option-trading strategy. In the two boxes below, enter the breakeven points in order from lowest to highest. and Do not enter the dollar sign (S) anwhere in this question. Enter answers to 2 decimal places. Report question issue Notes