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QUESTION
Jennifer sold a call option on XXX Corp. with an exercise price of $50. The option expires tomorrow and XXX is currently trading at $40. The option...
Jennifer sold a call option on XXX Corp. with an exercise price of $50. The option expires tomorrow and XXX is currently trading at $40. The option premium was $3 per share. What is Jennifer's expected profit or loss per share at tomorrow's expiration?
