Question: A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in
A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in the afternoon. The premium paid on the call is $3.65. What is the net profit or loss from buying the call just prior to 4 pm on November 18 if at this time the stock price per share of MassComputer is:
a.$106.62 Answer:The net profit is $
b.$91.27 Answer:The net profit is $
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