Assume you just purchased 150 call option contracts on shares of a company. The options can be exercised at the strike price of $65. The
Assume you just purchased 150 call option contracts on shares of a company. The options can be exercised at the strike price of $65. The options expire 1 year from today and you paid $0.75 per option. Currently, the company's shares are selling for $62 each. If the company's share price increases to $69 a year from today, what will be your net gain at expiration from the call options?
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Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
