You purchase one Ruth April 25 put contract for a premium of $6.58. You hold the option until the expiration date, when Ruth stock sells for $32 per share. Calculate the profit/loss you will realize on the investment.

Profit on Option  You have purchased a call option contract on Dash common stock. The option has an exercise price  of $32.00 and Dash’s stock currently trades at $30.00. The option premium is quoted at $2.20.  Calculate your net profit on the option contract if Dash’s stock price rises to $35.00  and you exercise the option.  Calculate your net profit on the option contract if Dash’s stock price rises to $33.00  and you exercise the option.  c-1. If the stock price is $31.00, what would be the gain or loss if    you exercise or not exercise the option.  c-2. Based on your answers above would it be more profitable    to exercise the option or not exercise the option?

6. An investor took a long position on an American style call option on Tesla in June with an expiration date at the end of December in the same year. The premium is 38$/contract and the strike price is 1030$/share. One contract is 100 shares. Following the purchase, the price rose and in August the investor decided to exercise the option before the expiration date. How much did the investor with the short position in this option lose/win if the price of Tesla was in August 1073$/share? Draw the payoff diagram.