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ESS is currently trading at $235/share. You bought 200 shares of ESS and sold 2 CALL-option contracts on ESS with a strike price of $230
ESS is currently trading at $235/share. You bought 200 shares of ESS and sold 2 CALL-option contracts on ESS with a strike price of $230 for $15 each. a. What will be your total $ and % gain/loss if ESS price is $250 at the expiration date? b. What will be your total $ and % gain/loss if ESS price is $230 at the expiration date? C. What will be your total $ and % gain/loss if ESS price is $220 at the expiration date
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