[Solved] Explain the purpose of a brokerage account and the 3 types of brokers. Call Option Value: The price of a call option, which grants the buyer the right, but not the obligation, to purchase an asset at a specified price within a certain time period. Net Profit: The amount of money left over after all operating expenses, taxes, interest, and dividends are paid, indicating the financial health of a company. Stock Price: The cost of buying a share of a company, which fluctuates based on market conditions and the performance of the company. Naked Call Option: An options strategy where the investor sells call options without owning the underlying asset, exposing them to unlimited potential losses.