What is the net profitloss of the following optionsnbspa, Financial Management

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What is the net profitloss of the following optionsnbspa

What is the net profit/loss of the following options?

(1) A call option written on FB has an exercise price of $60 with a premium of $5. Currently FB is trading at $70 per share.

(2) A call option written on BAC has an exercise price of $20 with a premium of $2. Currently BAC is trading at $16 per share.

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Financial Management: What is the net profitloss of the following optionsnbspa

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