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You believe nuclear energy sector is about to become extremely profitable. You buy a call on a nuclear stock with strike 55 expiring jan 2022
You believe nuclear energy sector is about to become extremely profitable. You buy a call on a nuclear stock with strike 55 expiring jan 2022 for $5.In jan the market price of the nuclear stock is $52. Do u exercise and what is your net gain/loss?
a. yes, $200
b. no. -1200
c. yes 700
d. no, 500
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