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Intro You bought 49 call option contracts for $1.7 per option. The options have a strike price of $86 and the current stock price is

Intro\ You bought 49 call option contracts for

$1.7

per option. The options have a strike price of

$86

and the current stock price is

$86.35

.\ Assume that the stock price is

$88.19

after 3 months. The stock did not pay any dividends.\ Part 1\ Attempt

(6)/(20)

for 10 pts.\ What is your profit (in $)?

image text in transcribed
You bought 49 call option contracts for $1.7 per option. The options have a strike price of $86 and the current stock price is $86.35, Assume that the stock price is $88.19 after 3 months. The stock did not pay any dividends. Part 1 Attempt 6/20 for 10 pts. What is your profit (in \$)

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