You wrote a covered call (i.e., sell a call option on the stock already owned) with a strike price of $30 and an option premium of $2.20. Assume the stock price goes up to $35 a share at the option expiration. As a result, you will:

Select one:

a. Lose an amount equal to the option premium.

b. Lose both your stock and the option premium.

c. Lose the option premium but get to keep the stock.

d. Keep both your stock and the option premium.

e. Keep the option premium but lose your shares of stock.