You purchased six TJH call option contracts with a strike price of $40 when the option was quoted at $1.30. The option e

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answerhappygod
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You purchased six TJH call option contracts with a strike price of $40 when the option was quoted at $1.30. The option e

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You purchased six TJH call option contracts with a strike priceof $40 when the option was quoted at $1.30. The option expirestoday when the value of TJH stock is $42.90. Ignoring trading costsand taxes, what is your total profit or loss on yourinvestment?
Group of answer choices
$800
$500
$920
$940
$960
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