Use the following information for the next ten problems. Show complete calculations:- (20)

XYZ CORP

EXERCISE NYSE DATE PRICE PRICE CLOSE CALLS OCT 85 16.75 101.6875 OCT 90 12 101.6875 OCT 95 7.625 101.6875 PUTS OCT 85 0.125 101.6875 OCT 90 0.375 101.6875 OCT 95 0.8125 101.6875

If you establish a long straddle using the options with an 85 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If you establish a long strap using the options with an 85 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If you establish a long strip using the options with an 85 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875?

If you establish a long straddle using the options with 90 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If you establish a long strap using the options with an 90 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If you establish a long strip using the options with an 90 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If you establish a long straddle using the options with an 95 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If you establish a long strap using the options with an 95 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If you establish a long strip using the options with a 95 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101.6875? If XYZ were trading at $90/share and you formed a bull money spread, what is your profit if XYZ is trading at $110 at expiration?