A trader buys a call option for oil at the strike price of q=$80/barrel. Suppose that the market price P can be realized at two values $73/barrel, $77/barrel, $81/barrel and $85/barrel with equal probabilities of 1/4.
What is the future value of the call option for the trader?
A. 6 or more
B. 4 or more but less than 6
C. 2 or more but less than 4
D. 0 or more but less than 2