You purchased an American style call option for $3.50 four weeks ago. The call has a strike price of $105 and the stock is trading for $110 today. If you exercise the call today, what will be your holding period return and effective annual return?

Select one:

23.95%; 1,530.06%

28.35%; 2.465.35%

42.86%; 10,223.77%

48.91%; 17,601.51%

None of the above