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Ricardo initially bought call option on shares of UCV Corp. on September 11th, 2020, with 3 months maturity. At the time, the shares were trading
Ricardo initially bought call option on shares of UCV Corp. on September 11th, 2020, with 3 months maturity. At the time, the shares were trading at $9.57 per share, the call premium was $0.50 and the strike price was $10.02. On the maturity date of the option, the shares of UCV Corp. are now trading at $11.55. The profit on the option strategy is...
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