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If you own 5 SPX call options with a strike of 1950, what's the payoff at maturity for these option contracts if the S&P 500
- If you own 5 SPX call options with a strike of 1950, what's the payoff at maturity for these option contracts if the S&P 500 index is at 1963?
A. $0
B. $1,300
C. $5,000
D. $6,500
2. if you purchase a call option with a strike price of $20 and a call premium of $2.10, what is the break-even stock
price?
A. $22.00
B. $0
C. $21.20
D. $24.00
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