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Chachi decides he wants a little extra cash. Chachi is considering writing a call on Boeing (BA). BA is currently trading at $147.00 per share.
Chachi decides he wants a little extra cash. Chachi is considering writing a call on Boeing (BA). BA is currently trading at $147.00 per share. Chachi wants to write a call with a strike price of $150.00 and an expiration date six months away. Chachi believes he will get a premium of at least $1.75. What is the potential risk of loss to Chachi in this case?
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$1.75
$175.00
$150.00
$147.00
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