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Posted on Sep 09, 2024

It is May and a trader writes a September call option with a strike price of $ 2 0 . The stock price is $

It is May and a trader writes a September call option with a strike price of $

20 .

The stock price is $

18

and the option price is $

2 .

Describe the option outcomes if it is held until September and the price of stock is $

25

at this time.

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