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Consider a March 21 Call option contract on DD Co. with an exercise price of $140 that sells for $6.20. If on the third Friday
- Consider a March 21 Call option contract on DD Co. with an exercise price of $140 that sells for $6.20.
- If on the third Friday of March (the expiration date) the price of DD is as follows, fill in the chart below as it relates to the writer of the contract.
Price in Sept Value of Option Contract Profit/Loss for Writer
$130 ______________ _______________
$145 ______________ _______________
$155 ______________ _______________
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