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penalty apply Intro You have bought 1 share of stock for $68.85 and sold (wrote) 1 call option on the same stock. Such a portfolio
penalty apply Intro You have bought 1 share of stock for $68.85 and sold (wrote) 1 call option on the same stock. Such a portfolio is called a covered call. The option has an exercise price of $70, a price (premium) of $1.55, and expires in 5 months. Part 2 Attempt 3/10 for 9.5 pts. What is your profit from selling (writing) the option if the stock price is $50 in 5 months (in $)? 2+ decimals Submit Part 3 | Attempt 2/10 for 9.5 pts. What is your total profit if the stock price is $100 in 5 months (in $)? 2+ decimals Submit
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