Select a Put Option a stock of your choice. Calculate / Identify the following a long and a short put position: 1. Maximum Gain 2. Maximum Loss 3. Beak Even Price 4. Intrinsic value 5. Time/ Speculative Value 6. Payoff at Expiration assuming different prices (NOT gain or loss). 7. Profit / loss at Expiration assuming different prices (NOT payoff). 8. In-the-money / Out-of-the Money / At-the-money.