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Jerald purchased a call option on November 18, 2020, for $650. The option gave him the right to buy 100 shares of Vectron stock for

Jerald purchased a call option on November 18, 2020, for $650. The option gave him the right to buy 100 shares of Vectron stock for $95 a share. He sold the option for $700 on December 15, 2020, when the price of the stock was $98 a share. How much capital gain should Jerald report on his 2020 return?
$0
$50
$300
$700

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