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A call option was purchased for a premium of $4. The call has an exercise price of $29 The option is expiring today. The current

A call option was purchased for a premium of $4.

The call has an exercise price of $29

The option is expiring today.

The current stock price is $31.

What would be your best course of action?

Do not exercise the call because the difference between the exercise price and the stock price is not enough to cover the amount of the premium.

.OR

Do not exercise the call to avoid a negative net return .

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