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You write one IBM July 122 call contract for a premium of $5. You hold the option until the expiration date, when IBM stock sells
You write one IBM July 122 call contract for a premium of $5. You hold the option until the expiration date, when IBM stock sells for $125 per share. You will realize a ______ on the investment.
A) $200 profit
B) $300 loss
C) $800 loss
D) $300 profit
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