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The option expires today when the value of exxon stock is

You wrote ten call option contracts (note that a contract is for 100 options) on Exxon stock with a strike price of $80.00 at a price of $2.05 per option. The option expires today when the value of Exxon stock is $78.52. Ignoring transactions costs, what is your total net profit (or loss) on this investment?

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Finance Basics: The option expires today when the value of exxon stock is

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Finance Basics: The option expires today when the value of exxon stock is

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