Call Option is the right to buy the underlying asset at a specified price on a future date
The options are exercised only when the market price at maturity is higher than the strike price.
Profit = (Market price - Exercise price - premium paid)*Number of options
Since the market price is higher, option will be exercised
Profit = (0.01 - 0.0096 - 0.000135)*1,000,000*5
= $1,325
b.The option will not be exercised since market price is lower
Loss = Premium paid
= -0.000135*1,000,000*5
= -$675
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