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Barrack buys a call option on Netflix stock. At the time he buys the option, Netflix stock is trading for $525. The option premium is

Barrack buys a call option on Netflix stock. At the time he buys the option, Netflix stock is trading for $525. The option premium is $32 for a call option with a strike price of $530 and expiration in one month. Suppose on the expiration date that the price of Netflix is $600. What is Barracks profit or loss (in dollars)?

Enter your answer to the nearest cent (i.e. two decimal places).

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