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,5-If you have a short position on a call option with a strike price of $53.50 and the stock price is $55.50 at the expiration date and the holder of the option exercise the option, what will be the result to you?,,1-You can cancel the transaction because the strike price is less than the stock price., 2-You can buy the stock for $53.50 and sell it for $55.50 and make a profit of $2.00., 3-You will have to purchase the stock at the market price ($55.50) and sell the stock at the strike price for a loss of $2.00., 4-You can renegotiate the strike price., ,