What is your net profit on the transaction

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Reference no: EM131014880

You buy 100 CJC call option contracts with a strike price of 95 at a quoted price of $1. At option expiration, CJC sells for $97. What is your net profit on the transaction?

Reference no: EM131014880

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What is your net profit on the transaction : You buy 100 CJC call option contracts with a strike price of 95 at a quoted price of $1. At option expiration, CJC sells for $97. What is your net profit on the transaction?

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