Question: 1 4 You purchase 2 4 call option contracts with a strike price of $ 1 3 0 and a premium of $ 6 .

14
You purchase 24 call option contracts with a strike price of $130 and a premium of $6.10. Assume the stock price at expiration is $139.12.
a. What is your dollar profit?
Note: Do not round intermediate calculations.
Skipped
Dollar profit
b. What is your dollar profit if the stock price is $125.07?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations.
If the stock price is $125.07, the call is so the dollar profit is
 14 You purchase 24 call option contracts with a strike price

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