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Monika wrote 5 call option contracts at an option premium of $1.20 and a strike price of $46.80. At expiration, the stock price was $52.50.

Monika wrote 5 call option contracts at an option premium of $1.20 and a strike price of $46.80. At expiration, the stock price was $52.50. What is Monikas net profit or loss?

Select one:

a. -$2,250

b. -$4.5

c. $2,850

d. $2,250

e. $4.5

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