On the expiration date for a call option with strike price of $10.00, premium $1.50 and the current spot price of $9.00, the holder will: O a. have a total loss of $2.50 O b. let the option contract lapse. O c. sell the shares at $9.00 Od close it out by buying a put option. On the expiration date for a call option with strike price of $10.00, premium $1.50 and the current spot price of $9.00, the holder will: O a. have a total loss of $2.50 O b. let the option contract lapse. O c. sell the shares at $9.00 Od close it out by buying a put option