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4) Moving to another question will save this response. 1estion 7 Q. Question 7 of 20 A trader selti 200 call options on the stock

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4) Moving to another question will save this response. 1estion 7 Q. Question 7 of 20 A trader selti 200 call options on the stock with a strike price of $120 when the option price is $5. Each option gives the holder the right lo buy 1 ithere The options are exerclsed when the stockprice is 5430 . The trader's net profit or loss is: A. Gain of $1000 B. Loss of 32000 C. Gain of 52000 Losk of 51000

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