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NASDAQ Call option for EUR with exercise price of $1.2515/EUR has a premium of 0.07/EUR. If you buy 1 contract and you hold this contract
NASDAQ Call option for EUR with exercise price of $1.2515/EUR has a premium of 0.07/EUR. If you buy 1 contract and you hold this contract till the expiration date. On that date, the spot price for EUR is $1.1122/EUR, what is your dollar profit/loss including the premium you paid (for the whole contract)? If it is a loss of say 250, put -250 in your answer
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