Question: QUESTION 6 5 po Digital Datawhack stock down by $3, from $50 to $47. Crunch Murdoch owns call options on Datawhack, which he bought two

 QUESTION 6 5 po Digital Datawhack stock down by $3, from

QUESTION 6 5 po Digital Datawhack stock down by $3, from $50 to $47. "Crunch" Murdoch owns call options on Datawhack, which he bought two months ago for $4 per share. They expire in six months, and have an exercise price of $55. What is the theoretically possible response of the option value (on a per-share basis), to the recent move of the stock? T T T Arial 3 (12pt) T

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