You buy a call on Apple with a strike of 270 that expires in two weeks. This option cost you $4. At the end of expiration day, what is the lowest apples price could be for you to decide to exercise the option?

If Apples price at time of option expiration is $273, what is your Payoff on the option position?

If Apples price at time of option expiration is $273, what is your Profit on the option position?

If Apples price at time of option expiration is $260, what is your Profit on the option position?