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Consider the following information on AAPL. The current stock price is $326.72. The call option has a strike price of $320. The price of the
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Consider the following information on AAPL. The current stock price is $326.72. The call option has a strike price of $320. The price of the call option is $68. The option has 1 year till expiration.
Question:
Suppose you purchase the option at the current price and hold it until expiration. If the stock price at expiration is $350, the return on your investment is:
-55.88%
44.11%
-100%
None of the above
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