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The price of a stock is $60. A trader sells 1 call option contract (each contract is for 100 options) on the stock with a

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The price of a stock is $60. A trader sells 1 call option contract (each contract is for 100 options) on the stock with a strike price of $64 when the option price is $10. When does the trader make a net profit? Only when the stock price is above $74 Only when the stock price is below $74 Only when the stock price is below $70 Only when the stock price is above $70 None of these

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