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Assume that you purchased shares of a stock at a price of $35 per share. At this time, you wrote a call option with a

Assume that you purchased shares of a stock at a price of $35 per share. At this time, you wrote a call option with a $35 strike and received a call price of $2. The stock currently trades at $70. Calculate the dollar gain or loss on this option strategy.

Group of answer choices

$25 gain

$25 loss

$2 gain

$2 loss

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