Question: A trader writes 10 uncovered ABC June 50 cals @ 4.75 when ABC stock is trading at 45. If the trader closes out their option

A trader writes 10 uncovered ABC June 50 cals @ 4.75 when ABC stock is trading at 45. If the trader closes out their option position at 2.15 what is her gain

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A trader writes 10 uncovered ABC June 50 cals @ 4.75 when ABC stock is trading at 45. If the trader closes out their option position at 2.15 what is her gain

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