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Suppose that you have taken a long position on a call option. The strike price is $18.50, and the option premium (i.e. price of the
Suppose that you have taken a long position on a call option. The strike price is $18.50, and the option premium (i.e. price of the call option) is $4.90. When the option expires, the value of the underlying asset is$27.50.
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