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Calls Puts Close Strike Price Expiration Vol. Last Vol. Last Hendreeks 1 0 3 1 0 0 Feb 7 2 5 . 2 0 5

Calls Puts
Close Strike Price Expiration Vol. Last Vol. Last
Hendreeks
103100 Feb 725.20502.40
103100 Mar 418.40294.90
103100 Apr 1610.68106.60
103100 Jul 814.30210.10
Suppose you buy 25 February 100 call option contracts. Hendreeks stock is selling for $105.50 per share on the expiration date. How much is your options investment worth? What if the stock price is $101.40 on the expiration date? (Do not round intermediate calculations.)

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