You purchase 25 call option contracts on Blue Ox stock. The strike price is $22, and the premium is $1 If the stock is selling for $24 per share at expiration, what are your call options worth? What is your net profit? What if the stock were selling for $23? $22?

Answer rating: 100% (QA)

If the stock is selling at expiration price of 24 the call option worth is 2 2422 Net Profit when ex... View the full answer