Question: Assume you bought a call options for $ 3 per underlying stock with a strike price of $ 2 0 . At maturity the actual

Assume you bought a call options for $3 per underlying stock with a strike price of $20. At maturity the actual price of the underlying stock is $26. Would you exercise the option?
Yes, because you make a $3 profit
Yes, because you break even
No, because you lose $3
No, because you lose $9
None of the answers are correct
Assume you bought a call options for $3 per underlying stock

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