Suppose You Purchase the November Call Option on Orange Juice

Multiple Choice

Suppose you purchase the November call option on orange juice futures with a strike price of 150 at the price shown in the table below. What will be your profit or loss on this contract if the price of orange juice futures is $0.616 per pound at expiration of the option contract?
Futures Options
Orange juice:
15,000 lbs, U.S. cents per lb.

A) loss of $2,107.50
B) loss of $1,717.50
C) no profit or loss
D) profit of $1,717.50
E) profit of $2,107.50