Question: You buy a call option on the for $.0225/. The option contract size is 1,250,000. The exercise price is $1.4150/. When the option matures, the
You buy a call option on the for $.0225/. The option contract size is 1,250,000. The exercise price is $1.4150/. When the option matures, the spot rate is $1.4875/. What is your overall (be sure to account for the option premium paid) total profit/loss on the option?
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