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Checked Call Option Intrinsic Value You have a portfolio of stock call options, as follows: Exercise Number Price of calls Position 55 700 Long 50

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Call Option Intrinsic Value

You have a portfolio of stock call options, as follows:

Exercise

Number

Price

of calls

Position

55

700

Long

50

800

Short

45

1,000

Short

40

900

Long

At expiration, the stock price is $ 58.50

What is the intrinsic value of your portfolio?

A Positive ending cash flow between 0 and 4,000

B Positive ending cash flow between 4,000 and 8,000

C Negative ending cash flow between 0 and -4,000

D Negative ending cash flow between -4,000 and -8,000

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