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 $5.50. 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. $112.25

b. $97.62

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