Suppose January 2022 call options with a strike price of $100/share are trading for $5. You buy such an option. In January 2022 right at the time of expiration, the price of the underlying stock is $104. Which of the following statements is true?

a. You, or your broker on your behalf, will exercise the option.

b. You will lose $1 on this option transaction.

c. The seller of the option will gain $1 from this transaction.

d. All of these statements are true