Micron Technology (MU)

[JLS]

Duma,

The profit on your options-only trade should be calculated by only using the option's price and not the price of shares of stock. Owning stock is not part of the trade. Your only investment is the initial cost of the Calls.

Therefore, your profit on the options trade is:

1.18/1.52 x 100 = 77.63%

Owning shares is a separate trade.

Adding options gain to stock gain could be called your portfolio gain, and that would be your 7%.