You bought 44 call option contracts for $1.52 per option. The options have a strike price of $76 and the current stock p

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answerhappygod
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You bought 44 call option contracts for $1.52 per option. The options have a strike price of $76 and the current stock p

Post by answerhappygod »

You bought 44 call option contracts for $1.52 per option. The
options have a strike price of $76 and the current stock price is
$76.18. Assume that the stock price is $81.12 after 3 months. The
stock did not pay any dividends.
What is your profit (in $)?
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