Question

For a call option with a strike price of ₹80, the premium paid is ₹4. If the spot price at expiration is ₹90, what is the profit/loss for the option buyer?

A Loss of ₹4
B Profit of ₹6
C Profit of ₹10
D Profit of ₹14
E Loss of ₹6
Practice Next

Hey! Ask a query