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( derivatives) Digital Datawhack stock down by $3, from $50 to $47. Crunch Murdoch owns call options on Datawhack, which he bought two months ago

(derivatives)

Digital Datawhack stock down by $3, from $50 to $47. "Crunch" Murdoch owns call options on Datawhack, which he bought two months ago for $4 per share. They expire in six months, and have an exercise price of $55. What is the theoretically possible response of the option value (on a per-share basis), to the recent move of the stock?

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