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If a trader executes a covered call by buying a stock at $20 per share, and writes a call with a strike price at $19,
If a trader executes a covered call by buying a stock at $20 per share, and writes a call with a strike price at $19, with a premium of $4; which of the following statements is FALSE
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The current intrinsic value of the option is $1
The current time value of the option is $3
The break even price is $15
The maximum profit the trader can make is $3
If the option expires and the trader closes their position at $18, the trader makes $2 profit
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