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An investor holds 100 shares of APPL stock, current price $160. The investor sells a January 180 strike call for $3. AAPL pays a $1
An investor holds 100 shares of APPL stock, current price $160. The investor sells a January 180 strike call for $3. AAPL pays a $1 dividend in July and another $1 dividend in December. If APPL trades above 180 at the option expiry date, what is the investor's return for this strategy?
A. 12.5% B. 3.1% C. 15.6% D. 2.8%
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