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Suppose, you buy a European call option contract on Lion Corp. stock. On per share basis, the strike price is $180.12 and the price of

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Suppose, you buy a European call option contract on Lion Corp. stock. On per share basis, the strike price is $180.12 and the price of the call option is $12.17. One contract is written on 9 shares of Lion stock. Suppose, at maturity the price of Lion stock is $158 per share. What the net payoff of your option contract position? 0 $ 109.53 You Answered $ 0.00 $ -116.10 Correct Answer 0 $ - 109.53

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