A speculator buys a call option with a strike of $50 for $2.25. The stock is currently priced at $52.44 and moves to $51.71 on the expiration date. The speculator will exercise the option on the expiration date (if it is feasible to do so). What is the speculator's profit or loss per share? (Do not ignore the premium paid.)

Answer: 2.25 so just the premium paid because the option is now less at expiration date than what you bought the call option. Please check if correct