Use the following options quotations to answer Problems 4 through 7: Calls Puts Close Strike Price Expiration Vol Last Vol. Last Hondreeks 103 103 100 Feb 72 5.20 50 2.40 Mar 41 29 4.90 100 100 8.40 1068 103 16 10 6,60 Apr Jul 103 100 8 1430 2. 10.10 4. Option Quotes (LOD Suppose you buy 50 April 100 call option contracts. How much will you paytgnoring commissions? 5. Cakulating Option Payoffs (LO2, CFA2 in Problem 4. suppense that Hendreeks stocks selling for $105.70 per share on the expiration date. How much is your options investment worth? What if the stock price is $101.60 on the expiration date? 6. Calculating Option Payoffs (LO2. CFA2) Suppose you buy 30 March 100 put option con. tracts. What is your maximum gain? On the expiration date. Hendreeks is selling for $84.60 per share. How much is your options investment worth? What is your net gain! 7. Cakulating Option Playoffs (L02. CFA2) Suppose you write 30 of the July 100 put con. tracts What is your net gain or loss if Hendreeks is selling for $90 at expiration For $1107 What is the break-even price, that is, the terminal stock price that results in a zem profit