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At the close of Friday (Nov 13th), NIO is trading at $44 and the $44 (strike price) call option that expires on Nov 20th is
At the close of Friday (Nov 13th), NIO is trading at $44 and the $44 (strike price) call option that expires on Nov 20th is selling at $5.15. Suppose I want to set a covered call using the call option above what should I do? If stock price by the end of Nov 20th is $45, then how much money I am making?
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To set up a covered call you would buy 100 shares of NIO and sell one call option ...
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
