Question $38(1$ point$)$

Three months ago $($in October$)$ you bought one NVDIA April Call option. Today

$($January$)$ you've decided that NVDIA's share price has peaked and you want to get

out of the long position. What is your profit if you exercise compared to your profit

if you execute an offset $($reversing$)$ traple? $($Calculate the round$-$trip profit net of the

cost of buying the option in October. Express your answer as the difference

between the offset profit and profit from exercise. Assume that the option is

American and that there is only one share per option contract.$)$ Enter your answer in

dollars rounded to the nearest dollar.

October $($Three months Ago$)$

NVDIA Stock Price $=$$$810$

April NVDIA Call option $(x=600).$ premium $=$$$329$

January$($Today$)$

NVDIA Stock Price $=$$$1011$

April NVDIA Call option $(x=600)$ premium $=$$$442$

Your Answer: