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It is March and a trader buys 100 August call options (=1 option contract) with a strike price of $25. The stock price is $26.56
It is March and a trader buys 100 August call options (=1 option contract) with a strike price of $25. The stock price is $26.56 and the option price is $4.97. At the expiration, the stock price becomes $31.64. Calculate the option profit to the trader.
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