Hello, I have this exercise of my Investment class with the answers but I need to know the manual procedure of how to reach those results. Could you help me? Thank you.

Q2 Juan is considering the following alternatives for investing in MM Industries: Buy 500 shares Buy six month call options with: exercise price of $45 x for a premium of $3.25 X The selling price per share now Assume no commissions o taxes (ideal world) Assume in 4 months x the stock reaches $30 X and a call was purchased What is the annualized percentage gain? -95.455% $44