Question: You simultaneously purchase an underlying stock at $100 and write an at-the-money call (exercise price is $100) on the stock. The option price is $10.

You simultaneously purchase an underlying stock at $100 and write an at-the-money call (exercise price is $100) on the stock. The option price is $10. What is the profit for your strategy if the underlying stock at expiration of the call is at $105?

		$10
		$5
		$0
		$5
		$10

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