Covered Call Strategy. Carlos purchased 100 shares of stock in Company Alpha for $20 a share. He

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Covered Call Strategy. Carlos purchased 100 shares of stock in Company Alpha for $20 a share. He recently sold a call on the stock for $1.50 a share with a strike price of $39. The stock has since increased in price to $44 per share. How much will Carlos make on this stock if the option is exercised? The total profit Carlos will make is $ (Round to the nearest dollar)

Posted Date: Jul 10, 2024 01:13 AM

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Covered Call Strategy. Carlos purchased 100 shares of stock in Company Alpha for $20 a share. He

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