Using Table $17-1,$ answer the following questions:

a$.$ How much time value is in a Smith Electronics $($SELE$)$ FEB $60$ call option?

b$.$ What is the intrinsic value of a SELE JAN $65$ call?

c$.$ What is the intrinsic value of a SELE APR $75$ put?

d$.$ Suppose you write a Western Oil $($WO$)$ FEB $65$ call. What is your maximum profit?

e$.$ Suppose you buy a

Nile.com FEB $115$ put for the price listed. At expiration,

Nile.com stock sells for $$85\mathrm{.}38.$ What is your profit or loss?

f$.$ What is your maximum possible profit if you buy a WO FEB $70$ call?

TABLE $17-1$ SAMPLE STOCK OPTIONS LISTING

$\backslash$table$[[\backslash$table$[[],[$New York Close$]],\backslash$table$[[$Striking$],[$Price$]],,$Calls,,,Puts,$],[,,$JAN,FEB,APR,JAN,FEB,APR