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A call option on Nike stock with a $250 premium has a strike price of $90. What is the profit on the option (net of

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A call option on Nike stock with a $250 premium has a strike price of $90. What is the profit on the option (net of initial cost) if the price of Nike stock at the option's maturity is (a) \$87? (b) \$91? (c) \$96? A put option on NVIDIA stock with a $8 premium has a strike price of $250. What is the profit on the option (net of initial cost) if the price of NVIDIA stock at the option's maturity is (a) $2002 (b) $2452 (c) $300

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