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I Write a Call option on BHP shares with a strike at $45.00. At Expiry the price of BHP shares is $47.50. Are the options

I Write a Call option on BHP shares with a strike at $45.00.

At Expiry the price of BHP shares is $47.50.

  1. Are the options In the Money or Out of the Money?
  2. What will I have to do (if anything)?

WRITE SHORT ANSWERS PLEASE

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