You purchased 6 call options with a $40 strike price at a total cost of $150. On the expiration date, the underlying stock was priced at $39.20. What is the percentage return on your investment?
A) −420.00%
B) −100.00%
C) 68.75%
D) 2.02%
E) 220.00%
Correct Answer:
Verified
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