12 Question 25 2.25 points) Saved At the time of the initiating the contract, the price...
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12 Question 25 2.25 points) Saved At the time of the initiating the contract, the price of a stock is $75. A trader buys 3 call contracts on the stock with a strike price of $75 when the option price is $5. Today, the options expires and the stock price is $90. What is the trader's net profit or loss? Gain of $3000 Loss of $500 Gain of $1,500 Gain of $500 Loss of $1,500 12 Question 25 2.25 points) Saved At the time of the initiating the contract, the price of a stock is $75. A trader buys 3 call contracts on the stock with a strike price of $75 when the option price is $5. Today, the options expires and the stock price is $90. What is the trader's net profit or loss? Gain of $3000 Loss of $500 Gain of $1,500 Gain of $500 Loss of $1,500
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