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It is March and a trader buys 100 August call options (=1 option contract) with a strike price of $26. The stock price is $27.17
It is March and a trader buys 100 August call options (=1 option contract) with a strike price of $26. The stock price is $27.17 and the option price is $5.15. At the expiration, the stock price becomes $30.62. Calculate the option profit to the trader. If a loss, then enter a negative value.
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