Calling All Euros. Assume a call option on euros is written with a strike price of $1.2500/€ at a premium of 3.80¢ per euro ($0.0380/€) and with an expiration date three months from now. The option is for 100,000 euros. Calculate your profit or loss should you exercise before maturity at a time when the euro is traded spot at strike prices beginning at $1.10/€, rising to $1.40/€ in increments of $0.05.