You buy a call with a strike price of $55 on a stock that you have shorted at $55. If the call premium is $3.86 and the stock price at expiration is $49.12, what is your profit per share?
A) $5.88
B) $2.02
C) $3.86
D) -$3.86
E) $1.62

Question

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The Answer of You buy a call with a strike price of $55 on a stock that you have shorted at $55. If the call premium is $3.86 and the stock price at expiration is $49.12, what is your profit per share?
A) $5.88
B) $2.02
C) $3.86
D) -$3.86
E) $1.62

You Buy a Call with a Strike Price of $55