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A call option on Microsoft with expiration in June 2023 and strike price of $220 is selling for a premium of $118 per share. What

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A call option on Microsoft with expiration in June 2023 and strike price of $220 is selling for a premium of $118 per share. What is the profit for the holder of the option if the stock price at expiration is 196. Question 10 A put option on Microsoft with expiration in June 2023 and strike price of $220 is selling for a premium of $3 per share. What is the profit for the holder of the option if the stock price at expiration is 218

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