QUESTION $2$

A speculator buys a call option for $$3,$ with an exercise price of $$50.$ The stock is currently priced at $$49,$ and rises to $$55$ on the expiration date. The speculato exercise the option on the expiration date $($if it is feasible to do so$).$ What is the speculator's profit per unit?

a$.$ $$2$

b$.-$$$2$

c$.$ $$1$

$$ d$.$ $$5$

e$.-$$$1$