Question
Assume that you sell a call option on the stock that you own. You bought the stock at $55 per share and currently it is
Assume that you sell a call option on the stock that you own. You bought the stock at $55 per share and currently it is trading at $60. The strike price is $70 and the premium is $15. What would be your profit or loss (including paper profit) if the stock price reaches $95
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
