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You purchase a call option on Amazon stock. Amazon's current share price is $ 1 0 0 , the cost of the option is $

You purchase a call option on Amazon stock. Amazon's current share price is $100, the cost of the option is $3, and the exercise price is $110. The expiration date of the option is two months from now. If the price of Amazon stock went up to $130 after you purchased the option, what would your net profit be? A. Exercise the option; net profit would be $27. B. Exercise the option; net profit would be $17. C. Exercise the option; net profit would be $23. D. No exercise; net profit would be -$3. E. No exercise; net profit would be $0.

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