Question: You simultaneously purchase an underlying priced at $77 and write a call option on it with an exercise price of $80 and selling at $6.
You simultaneously purchase an underlying priced at $77 and write a call option on it with an exercise price of $80 and selling at $6. What is the total profit (or loss), if the underlying stock price becomes $100? [Using positive number for profit, and negative number for loss]
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