Q11. You are buying 5 contracts of a call option with an exercise (strike price) of $100. You pay $10 premium per share. You exercise this option after three months when the stock price reaches at $130. The annualized rate of return in this trade is:

a. 10%

b. 100%

c. 400%

d. None of the above. My answer is ..

Any help would be appreciated thanks!