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You are the seller of a call option. The call premium on your option is $2.50 and the strike price is $35. Calculate the gain

You are the seller of a call option. The call premium on your option is $2.50 and the strike price is $35. Calculate the gain or loss if the underlying stock price is $37.5.

Gain $500

You break-even

Loss $250

Loss $500

None of the above.

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