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You purchased ten Eversource call option contracts with a strike price of $71 when the option was quoted at $3.42. The option expires today when
You purchased ten Eversource call option contracts with a strike price of $71 when the option was quoted at $3.42. The option expires today when the value of Eversource stock is $77.30. Ignoring trading costs and taxes, what is the total profit or loss on your investment?
$0 | ||
$2,710 | ||
$2,880 | ||
-$710 | ||
-$3,420 |
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