Question: You wrote/sold twenty call option contracts (note that a contract is for 100 options) on Snap stock with a strike price of $100.00 at a
You wrote/sold twenty call option contracts (note that a contract is for 100 options) on Snap stock with a strike price of $100.00 at a price of $3.25 per option. The option expires today when the value of Snap stock is $101.75. Ignoring transactions costs, what is your total net profit (or loss) on this investment? Group of answer choices a. $3000 Profit b. $3000 Loss c. $10000 Profit d. $10000 Loss
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