The Table below contains the current prices for calls and puts at varinus etrike nrices 4. Calculate each option's Intrinsic Value and Time Value. (For Intrinsic and Time Value, assume the options are American). Also, what level would the stock price need to trade at expiration for a trader to break-even if they bought (or sold) the options at the prices given (ignore interest). 5. What is the minimum value (lower bound) of the Call above with the $315 strike price? 6. What is the maximum value of the $320 strike put if it was European? 7. If you bought the $315 strike call at the $30.75 premium, what is the maximum you could lose at expiration (careful!)? 8. If you sold the $320 strike put at the $28.12 premium, what is the maximum total loss you could be subject to at expiration? 9. Which set of options (the $315 strike or the $320 strike) violate European Put/Call Parity and by how much? (Must show your calculations for credit). 10. A trader buys a 1 month Strangle (Options Strategy) by buying a Put with a $175 strike for $6.25 and buying a call with a $185 strike for $4.75. a. What is the max gain on this strategy if the stock declines? The Table below contains the current prices for calls and puts at varinus etrike nrices 4. Calculate each option's Intrinsic Value and Time Value. (For Intrinsic and Time Value, assume the options are American). Also, what level would the stock price need to trade at expiration for a trader to break-even if they bought (or sold) the options at the prices given (ignore interest). 5. What is the minimum value (lower bound) of the Call above with the $315 strike price? 6. What is the maximum value of the $320 strike put if it was European? 7. If you bought the $315 strike call at the $30.75 premium, what is the maximum you could lose at expiration (careful!)? 8. If you sold the $320 strike put at the $28.12 premium, what is the maximum total loss you could be subject to at expiration? 9. Which set of options (the $315 strike or the $320 strike) violate European Put/Call Parity and by how much? (Must show your calculations for credit). 10. A trader buys a 1 month Strangle (Options Strategy) by buying a Put with a $175 strike for $6.25 and buying a call with a $185 strike for $4.75. a. What is the max gain on this strategy if the stock declines