Question: 1 contract = 100 shares Question 32 Save Answer You are long 5 contracts of 1-yr call option on TSLA with a strike price (K)

1 contract = 100 shares
Question 32 Save Answer You are long 5 contracts of 1-yr call option on TSLA with a strike price (K) of $600. What will be your payoff at expiry if the Telsa (TSLA) stock price at expiry (S_T) becomes $300
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