A small query on exercise of call options in Stck exchange :
Suppose a buyer of call option for a particular company purchase the call with certain premium at certain strike price. Now till the end of expiry period, he does not square off the deal. And if at the end of expiry, the market price of that company is higher than the strike price of buyer.
Will he get the difference between strike price and market price as profit or not .
Or he may not get any thing as he has not squared off the call option/deal.
Kindly answer at the earliest