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On January 1, 2020, Nader entered in a call option contract to purchase 5000 shares of XYZ corporation on June 30,2020 at a price of

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On January 1, 2020, Nader entered in a call option contract to purchase 5000 shares of XYZ corporation on June 30,2020 at a price of $100 per share. the market price of share on Jan.1,2020 was $100 per share while the time value of share on Jan.1 was $200. On March 30 the market price per share was $120 per share and time value reduced to $80 and on June 30 the market price was $105 per share and time value reduced to $50, at that date call option was sold, compute the value of call option should be debited ?on March 30, 2020 $100,000.a $600,000.b .$500,000.c

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