Question: Type out answer please and show all work. Do not use excel. Type out formula when possible. Short 100 XYZ March 45 Put 3.5 0)

Type out answer please and show all work. Do not use excel. Type out formula when possible.

Short 100 XYZ March 45 Put 3.5

0) Debit/Credit and Why

1) What is the max profit

2) What is max loss

3) What is the breakeven point

4) Profit/Loss at 35/41.5/48.5/50/55

Please say if its in/out the money and WHY

Explain If I have a stock Position and how many stocks are sold/bought.

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