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Netflix stock is currently trading for $500.00 per share. You expect the price to increase, so you buy a one-month call option with a strike
Netflix stock is currently trading for $500.00 per share. You expect the price to increase, so you buy a one-month call option with a strike price of $510.00 for $2.25. Netflix stock price increases by 3% over the month. What is your percent return on buying the option?
12.5%
3%
77.7%
122.2%
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