Question: Chris purchased a call option on a stock for $ 200. The option gives him the right to purchase the stock at $ 30 per
Chris purchased a call option on a stock for $ 200. The option gives him the right to purchase the stock at $ 30 per share until May 1st. On May 1st, the price of the stock is $ 28 per share. What is Chris’ return on the stock option?
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