You just purchased 300 shares of a company at $94.50 per share and have decided to write covered calls against these stocks. You sell 3 calls at the current market price of $8.72. The calls have 3 months to expiration and carry a strike price of $99.25. The stock pays a quarterly dividend of $0.85 a share and the next dividend is to be paid in a month. Dotermine the tolal profit you generate if the stock price rises to $99.20 a share by the expiration date. $3,760$2,501$4,281$4,020