Question: . It is March and a trader writes a September call option with a strike price of $40. The option price is $2.5. Calculate the

. It is March and a trader writes a September call option with a strike price of $40. The option price is $2.5. Calculate the profitability (loss) at the following hypothetical prices (Use the table to answer the question).

Market price

Profit or loss

30.0

32.5

35.0

37.5

40.0

42.5

45.0

47.5

50.0

52.5

55.0

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