You purchased four WXO 32 call option contracts at a quoted price of $.34. What is your net gain or loss on this investment if the price of WXO is $35 on the option expiration date?
A) $266
B) $1,064
C) $1,093
D) $1,200
E) $2,125

Question

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The Answer of You purchased four WXO 32 call option contracts at a quoted price of $.34. What is your net gain or loss on this investment if the price of WXO is $35 on the option expiration date?
A) $266
B) $1,064
C) $1,093
D) $1,200
E) $2,125

You Purchased Four WXO 32 Call Option Contracts at a Quoted