"If googl is currently $185.22 and I buy 20 call options, at the $150 strike, coating $46.95 per contract, expiring January 16th 2026, costing a total premium of $93,900. What will the profit be, if googl share is $200 by May 1st 2025"
This is the question I plugged into chatgpt, and the answer it gave me was $6,100.
Just wanted to check with the experts if this is accurate? Anyone have software, or know a math formula to confirm?