Calculating profits on a covered call. What method do you use?
at $8.50:  total profit = $120.00 *basis of stock, not paid in cash, so not included in "total paid" at $8.50: total profit = $75.00
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### Instruction:
Calculating profits on a covered call. What method do you use?

### Response:
at $8.50:  total profit = $120.00 *basis of stock, not paid in cash, so not included in "total paid" at $8.50: total profit = $75.00