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Posted on May 18, 2024

You purchased four call option contracts of Ocarina with a strike price of $ 6 2 when the option was quoted at $ 2 .

You purchased four call option contracts of Ocarina with a strike price of $

62

when the option was quoted at $

2.98 .

The option expires today when the value of Ocarina stock is $

64.60 .

Ignoring trading costs and taxes, what is your total profit on your investment?

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