Return on Stock Options.$$Chris purchased a call option on a stock for $$$$446.$ The option gives him the right to purchase the stock at $$$$23\mathrm{.}97$ per share until May $1$st$.$ On May$1$st$,$ the price of the stock is $$$$14\mathrm{.}08$ per share. What is$$ Chris' return on the stock$$ option? $($Hint: Ignore transaction$$ costs.$)$

Part $2$

$$Chris$\text{'}$ return on the stock option is

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enter your response here$\%.($Round to the nearest whole percent and include a negative sign when$$ appropriate.$)$