Question: You purchase one call option contract on NFLX with an exercise price of $ 6 0 0 for a premium of $ 1 5 .

You purchase one call option contract on NFLX with an exercise price of $600 for a premium of $15. You hold the option until the expiration date, when the stock sells for $603 per share. What is your profit from the option purchase? Note that one option contract is on 100 shares of the underlying stock.
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