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Suppose you write a call on Microsoft with a strike price of $350 and a premium of $20. Suppose by the expiration time, Microsoft is
Suppose you write a call on Microsoft with a strike price of $350 and a premium of $20. Suppose by the expiration time, Microsoft is selling at $360. How much is your profit per call? (a call covers 100 shares)
A. 1000
B. 10
C. 100
D. -1000
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