Question
Assume Intels common stock (NASDAQ: INTC) is currently at $25.00 per share. The March call option with a strike price of $25 is trading at
Assume Intels common stock (NASDAQ: INTC) is currently at $25.00 per share. The March call option with a strike price of $25 is trading at $2.20. Suppose you buy 10 contracts of the Mar 25 call options at $2.20. At the close of trading on the expiration day, the stocks is 40% higher than what you paid. What will be the total net profit/loss dollar amount if you hold the 10 contracts to expiration?
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
