Sam bough a call option on euros that has a strike price of $1.37/€. The option is sold at a premium of $0.040/€, and will expire in 3 months. The option is for €10,000. If the spot rate is changed to $1.31/€, what will be Sam's total $ profit or loss? (Hint: first find the intrinsic value, decide if the option is worth of exercising, and then calculate the net profit or loss)