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1/1 pts Question 2 You own a call option on Intuit stock with a strike price of $40. The option will expire in exactly three
1/1 pts Question 2 You own a call option on Intuit stock with a strike price of $40. The option will expire in exactly three months' time. If the stock is trading at $55 in three months, what will be the payoff of the call? Note: practice drawing the payoff diagram. SO $40 O Negative $15 Correct! O $15 0/1 pts Question 3 Assume that you have shorted the call option in Question 2. If the stock is trading at $55 in three months, what will you owe? Note: practice drawing the payoff diagram. O You owe $40 Someone will owe you $40 Correct Answer You owe $15 You Answered You owe $0
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