Question
A stock has call options available at an exercise price of $30 for a cost of $2.89. The cost of put options at this same
A stock has call options available at an exercise price of $30 for a cost of $2.89. The cost of put options at this same exercise price is $2.15. The current price of the underlying stock is $30.
What is the maximum profit if the covered call is held to expiration?
| $300
| ||
| Infinity
| ||
| $315
| ||
| $289
|
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
