#11

Intro You have bought 1 share of stock for $58.04 and sold (wrote) 1 call option on the same stock. Such a portfolio is called a covered call. The option has an exercise price of $60, a price (premium) of $2 18, and expires in 5 months. Part 1 Attempt 1/8 for 10 pts. What is your profit from buying the stock only if the stock price is $20 in 5 months (in $)? 0+ decimals Submit Part 2 BB- Attempt 1/8 for 10 pts What is your profit from selling (writing) the option if the stock price is $50 in 5 months (in $)? decimals Part 3 Attempt 1/8 for 10 pts. What is your total profit if the stock price is $100 in 5 months (in $)? 1+ decimals Submit