Underlying Stock Price: 45

Underlying stock price: 45.80 Suppose you bought 10 Glaxo Oct 45 call contracts. Just before the option expires, the stock is selling for $50. What is your net profit (or loss) ? Ignore transaction costs.

A) -$220.
B) $1,200.00
C) $1,600.00
D) $2,200.00
E) $5,000.00