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You purchase 9 call option contracts with a strike price of $65 and a premium of $1.85. Assume the stock price at expiration is $72.46.
You purchase 9 call option contracts with a strike price of $65 and a premium of $1.85. Assume the stock price at expiration is $72.46. What is your dollar profit? (Do not round intermediate calculations. Omit the "$" sign in your response.) What if the stock price is $58.41? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Omit the "$" sign in your response.)
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