Suppose you bought the following call option $1$ week ago for $$4\mathrm{.}41(1$ option, not $1$ contract containing $100$ options$).$ The option expires next week. What is your profit per option if you sell the option at the last price?

Call

Strike Symbol Last Chg

$50$ ABC$210621$C$000400004\mathrm{.}051\mathrm{.}54$

Question $12$ Answer

a$.$

profit $=$ $$-0\mathrm{.}36$

b$.$

profit $=$ $$4\mathrm{.}05$

c$.$

profit $=$ $$0\mathrm{.}36$

d$.$

profit $=$ $$1\mathrm{.}54$

e$.$

you cannot sell the option before expiration