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1.What is the payoff of a $225 Strike call on 100 shares of IBM if...

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Finance

1.What is the payoff of a $225 Strike call on 100 shares of IBM if the Spot price at maturity is $200

2.What is the payoff of a $225 Strike put on 100 shares of IBM if the Spot price at maturity is $200

3.What is the payoff of a $225 Strike call on 100 shares of IBM if the Spot price at maturity is $250

4.What is the payoff of a $225 Strike put on 100 shares of IBM if the Spot price at maturity is $250

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