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On the same day in a margin account, a customer sells short 100 shares of ABC at $43 and buys 1 ABC Jan 45 Call
On the same day in a margin account, a customer sells short 100 shares of ABC at $43 and buys 1 ABC Jan 45 Call @ $4. The customer will break even when A B C D the stock rises the stock remains flat the stock falls by the amount of the premium paid the stock is $41
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
5th Edition
0131445650, 9780131445659
