You are given the following data on April 3, 2020. Use the June 19, 2020 expiration options to construct a profit table and the corresponding graph on the expiration date for the following positions: (Bid price on the stock is 153.82 and the Ask price is 153.90). a) Covered Call

b) Straddle

c) Bull Spread using Call options

d) Bear Spread using Put options

d

49 K MICROSOFT CORP Equity TOMON Related Functions Menu Message * C: *.? MSFT US $ ( 153.83 -1.43 0153.82 /153.90B 93x1 .... 1On 03 Apr d Vol 41,243,284 0 155.10K H 157.389 L 152.19Z Val 6.372B IMSFT US Equity 95) Actions 96) Export 97) Settings Option Monitor ...MICROSOFT CORP 153.83 -1.43 -921% 153.82/153.90 Hi 157.38 Lo 152.19 Volm 41243284 HV 100.83 Center 153.83 Strikes5 Exp 17-Apr-20 Exch US Composite : 92) 04/24/20 E | ERN Calc Mode As of MICROSOFT CORP Equity TOMON Related Functions Menu Message * C: *.? MSFT US $ ( 153.83 -1.43 0153.82 /153.90B 93x1 .... 1On 03 Apr d Vol 41,243,284 0 155.10K H 157.389 L 152.19Z Val 6.372B IMSFT US Equity 95) Actions 96) Export 97) Settings Option Monitor ...MICROSOFT CORP 153.83 -1.43 -921% 153.82/153.90 Hi 157.38 Lo 152.19 Volm 41243284 HV 100.83 Center 153.83 Strikes5 Exp 17-Apr-20 Exch US Composite : 92) 04/24/20 E | ERN Calc Mode As of