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You purchased eight TJH call option contracts with a strike price of $37.50 when the option quote was $0. The option expires today when the value of...
You purchased eight TJH call option contracts with a strike price of $37.50 when the option quote was $0.55. The option expires today when the value of TJH stock is $37.10. Ignoring trading costs and taxes, what is your total profit on your investment?
i got-4.4, but the correct one should be -440.
I do not know why?