Ahmad Bought Call Options on Home Depot with a Striking

question 25

Multiple Choice

Ahmad bought call options on Home Depot with a striking price of $80.The option premium was $3.82.Just before the contract expired,Home Depot stock was $82 per share.Ahmad

• A)made a profit of $2.00 per share.
• B)lost $3.82 per share because the option would not be exercised.
• C)made a profit of $3.82 per share.
• D)lost $1.82 per share.

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