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13. You purchased one call contract at a quoted price of $0.20 per call (premium) and one put contract at a price of $2.10 per
13. You purchased one call contract at a quoted price of $0.20 per call (premium) and one put contract at a price of $2.10 per put (premium). Both options are on the same stock and have the same exercise price of S15. What will be your total profit or loss on these option positions if the stock price is S4 on the day both options expire? (Note: each option contract has 100 options) A. -$230 B. $870 C. $890 D. $910 E $1,310
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