/biz/ - Business & Finance

Hey /biz/

Can someone explain to me how option pricing works? Let's say that there is this imaginary stock, let's call it DICK:

Now, DICK is worth 95$ right now, and there's a call with a strike price of 100$ for March/2017. Let's say I buy an option worth 40 cents. Now let's say that DICK gets to 100$, but it does so in January, 2 months before the strike date.
How much would my option likely be worth if I were to sell it 2 months early, even though it's hit the price? (Ignore the spread for this example)