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Cedric is long in Bravo Stock call Options at $1.08 /option. Bravo is currently trading at $49.00 per share. The options expire in 8 months

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Cedric is long in Bravo Stock call Options at $1.08 /option. Bravo is currently trading at $49.00 per share. The options expire in 8 months and have a strike price of $47.98. What is Cedric's net gain or loss position, if at expiration, Bravo Stock is trading at $56.59 a share

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