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Suppose a 6-month maturity call option with exercise price $80 currently sells for $10. Consider a portfolio with $3000 invested in three at-the-money call contracts

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Suppose a 6-month maturity call option with exercise price $80 currently sells for $10. Consider a portfolio with $3000 invested in three at-the-money call contracts and $7000 in 6-month T-bills to earn 2% return. What's the portfolio return when the stock price becomes $85? a. -0.736 b.-0.136 c. 1.214 O d. -0.729

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