You buy three contracts of a call option at an exercise price of $50. You exercise this option four months after you buy the option when the market price reaches 8% above the exercise price. The option premium per share is $1.50. The total net profits before taxes are closer to:

A. Cannot be solved because we do not have the tax rate

B. 750%

C. $750

D. 500%

E. Below 500%