Question: 1 . 1 5 . It is May and a trader writes a September call option with a strike price of $ 2 0 .

1.15. It is May and a trader writes a September call option with a strike price of $20. The stock price is $18 and the option price is $2. Describe the trader's cash flows if the option is held until September and the stock price is $25 at this time.
1 . 1 5 . It is May and a trader writes a

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