Question: Type out answer please and show all work. Do not use excel. Type out formula when possible. long 20 ABC March 45 Put 7 0)

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

long 20 ABC March 45 Put 7

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 35/52/55/60

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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