It is july and a trader buys 100 december call options with, Financial Management

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It is july and a trader buys 100 december call options with

It is July and a trader buys 100 December call options with a strike price of $26. The stock price is $26.51 and the option price is $4.12. At the expiration, the stock price becomes $30.22. Calculate the option profit to the trader. Please show your work.

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Financial Management: It is july and a trader buys 100 december call options with

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Financial Management: It is july and a trader buys 100 december call options with

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