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A trader sells 200 call options on the stock with a strike price of $120 when the option price is $5. Each option gives the

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A trader sells 200 call options on the stock with a strike price of $120 when the option price is $5. Each option gives the holder the right to buy 1 share. The options are exercised when the stock price is 5130 . The trader's net profit of loss is: A. Gain of $1000 8. Loss of $2000 c. Gain of $2000 D. Loss of $1000

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