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F (a) and (b) Consider an April 2021 maturity call option on a share of Apple with an exercise price of 50 per share selling

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F (a) and (b) Consider an April 2021 maturity call option on a share of Apple with an exercise price of 50 per share selling on 3 January 2021 at expiration Apple stock solls for 55.than the option holder could acquire the Apple share (a) and can set to gain pot 55) 50 (a) 50 (1) 50 (1) 50 b) 55 (a) 55 (b) 55

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