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PASS Ltd shares currently trade at $7.05. An investor enters into a long call option on PASS Ltd with an exercise price of $8.50

PASS Ltd shares currently trade at $7.05. An investor enters into a long call option on PASS Ltd with an

PASS Ltd shares currently trade at $7.05. An investor enters into a long call option on PASS Ltd with an exercise price of $8.50 in two months with a premium of $0.25 per share. (a) Calculate the break-even price for the short call position (b) Draw a fully labelled diagram for the long call and short call positions PASS Ltd shares currently trade at $7.05. An investor enters into a long call option on PASS Ltd with an exercise price of $8.50 in two months with a premium of $0.25 per share. (a) Calculate the break-even price for the short call position (b) Draw a fully labelled diagram for the long call and short call positions

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