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8. Celestina shorted one contract of a naked call option with a premium of $2.50 and an exercise price of $43. One month later she
8. Celestina shorted one contract of a naked call option with a premium of $2.50 and an exercise price of $43. One month later she covered her call when the price of the underlying share was $50. So Celestina is now in a covered call position. Here it is the maturity date of the option and the market price of the underlying security is $65. Celestina's profit or loss from this covered call position is? a. 1.500 b. -450 C. -1.950 d. -2.200 e. I knew I should have stopped bothering blah blah
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