Question: You just bought a call option contract on MSFT with 1 month to expiration, with a strike price of $40, at $4 per share. If
You just bought a call option contract on MSFT with 1 month to expiration, with a strike price of $40, at $4 per share. If at expiration, MSFT is trading at $46, what is your net profit from this position?
Ignore trading fees. Note that stock option contracts come in units of 100 shares each.
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