Question: please show all work 3. A put option on ABC stock has a premium of $3 and has a strike price of $5. Illustrate the

 please show all work 3. A put option on ABC stock please show all work

3. A put option on ABC stock has a premium of $3 and has a strike price of $5. Illustrate the net profit for a buyer of the option at various stock prices at expiration. (10 points) Profit ALL 4 6 8 10 Stock N 4. A put option on ABC stock has a premium of $3 and has a strike price of $5. Illustrate the net profit for a writer of the option at various stock prices at expiration. (10 points) Profit-67 LLLLLLLL Stock Price 2 4 6 8 10 Stock Price -61

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