FINANCE-You have purchased 100 call options (1 contract) on shares of Freeport McMoran
QUESTION
You have purchased 100 call options (1 contract) on shares of Freeport McMoran with a strike price of $50 and a maturity of today. The stock is trading at expiration at a price of $81. How much are your options worth today? (please express your answer as a dollar value excluding the dollar sign)
ANSWER:
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