You purchased 5 call options on ecb stock at an option, Ask an Expert

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You purchased 5 call options on ECB stock at an option price per share of $2.12. The exercise price is $55 per share. The options expired today. Assume you closed out your position when the stock was trading at $61.48 per share. How much did you make or lose on the options? Ignore transaction costs and taxes.

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Financial Management, Finance

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