Question: please fast Digital Datawhack stock rose by $3, from $60 to $63. Crunch Murdoch owns call options on Datawhack, which he bought two months ago
please fast
Digital Datawhack stock rose by $3, from $60 to $63. "Crunch" Murdoch owns call options on Datawhack, which he bought two months ago for $6 per share. They expire in six months, and have an exercise price of $54. What is the theoretically possible response of the option value (on a per-share basis), to the recent move of the stock?
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