Suppose you purchase one IBM May 100 call contract at $5 and write one IBM May 105 call contract at $2.If,at expiration,the price of a share of IBM stock is $103,your profit would be
A) $500.
B) $300.
C) zero.
D) $100.
E) none of these.

Question

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The Answer of Suppose you purchase one IBM May 100 call contract at $5 and write one IBM May 105 call contract at $2.If,at expiration,the price of a share of IBM stock is $103,your profit would be
A) $500.
B) $300.
C) zero.
D) $100.
E) none of these.

Suppose You Purchase One IBM May 100 Call Contract at $5