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Suppose the price of a share of Alphabet Inc. stock (GOOG) is $1,300. An October call option on GOOG has a premium of $10 and

Suppose the price of a share of Alphabet Inc. stock (GOOG) is $1,300. An October call option on GOOG has a premium of $10 and an exercise price of $1,300. Ignoring commissions, the holder of the call option will earn a profit if the price of the share

decreases to $1,291.

decreases to $1,290.

increases to $1,309.

increases to $1,311.

None of the options

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