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A share of XYZ Corp. is currently trading for $ 1 2 per share. The stock does not pay any dividends. A European call option

A share of XYZ Corp. is currently trading for $12 per share. The stock does not pay any dividends.
A European call option on XYZs stock has a strike price of $15 and is trading for $2. The corresponding put option on XYZs stock with the same strike price is trading for $1.50. Each option is for 100 shares of XYZ stock.
33. Suppose you bought 5 call options and sold 7 put options. If the stock price at maturity is $20, what is your total profit?
A) $1,500
B) $450
C)-$950
D) $2,550
E)-$2,450

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