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Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You bought one contract of the $115 strike call. At contract expiration, the shares

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Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You bought one contract of the $115 strike call. At contract expiration, the shares of CAT traded at $140. What is your profit (or loss) on the strategy? State your answer in total dollar terms (i.e., total out-of-pocket cost not factoring transaction costs), not contract-level terms. Your answer should be a dollar amount with two decimal places of accuracy. Losses should be entered as a negative number. (Note on viewing table below: You may have to use a horizontal scrollbar to see all of the columns in the table below.) CAT Option Chain Month: Nov 2020 Calls Puts Last Change Bid Ask Volume Open Int. Strike Last Change Bid Ask Volume Open Int. 12.40 14.80 15.45 -- 32 100.00 10.70 -0.27 10.55 10.90 12 426 11.75 12.05 12.65 154 105.00 13.00 -0.65 12.85 13.25 28 403 10.05 +0.74 9.75 10.10 10 211 110.00 15.54 15.50 15.95 308 7.70 +1.70 7.70 8.10 N 622 115.00 18.64 18.40 18.95 -- 292 Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You bought one contract of the $115 strike call. At contract expiration, the shares of CAT traded at $140. What is your profit (or loss) on the strategy? State your answer in total dollar terms (i.e., total out-of-pocket cost not factoring transaction costs), not contract-level terms. Your answer should be a dollar amount with two decimal places of accuracy. Losses should be entered as a negative number. (Note on viewing table below: You may have to use a horizontal scrollbar to see all of the columns in the table below.) CAT Option Chain Month: Nov 2020 Calls Puts Last Change Bid Ask Volume Open Int. Strike Last Change Bid Ask Volume Open Int. 12.40 14.80 15.45 -- 32 100.00 10.70 -0.27 10.55 10.90 12 426 11.75 12.05 12.65 154 105.00 13.00 -0.65 12.85 13.25 28 403 10.05 +0.74 9.75 10.10 10 211 110.00 15.54 15.50 15.95 308 7.70 +1.70 7.70 8.10 N 622 115.00 18.64 18.40 18.95 -- 292

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