Consider the following exotic option whose payoff at expiration is given by the stock price squared less

Question:

Consider the following exotic option whose payoff at expiration is given by the stock price squared less a if it has a positive value, zero otherwise:
max[S(1)2 − K, 0]
Assuming that the K is $2,500, determine the value of this exotic option under the assumption of no- arbitrage. If the market price of the call is $600, how would you trade to exploit this arbitrage opportunity?
Strike Price
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity.