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The price of a stock is $64. A trader buys 1 call option contract on the stock with a strike price of $66 when the

The price of a stock is $64. A trader buys 1 call option contract on the stock with a strike price of $66 when the option price is $4. When does the trader make a profit?

Question 11 options:

a)

When the stock price is above $64

b)

When the stock price is above $66

c)

When the stock price is above $68

d)

When the stock price is above $70

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