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To: ratan lal who wrote (11193)3/11/1999 12:18:00 PM
From: Lynn  Read Replies (1) | Respond to of 27722
 
>You know what your purchase price is (the option exercise price). How would you
>decide what the profit is if you havent sold the stock ??

If one does not sell the stock, just holds it, its the difference between the price in the option (22 in my example) and what its going for on the market. Here the idea of discount becomes important.

Lynn