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Fidelity Fund purchased Nike's stocks at $67. They used covered call option and sold a call option at $4 premium with the strike price of
Fidelity Fund purchased Nike's stocks at $67. They used covered call option and sold a call option at $4 premium with the strike price of $69 until 12/31/2018. What is their profit if stock price increases to $75?
Question 2 options:
$2
$4
$12
$6
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