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Roberto bought 3 April call option contracts on CBS Corp Class A (CBS.A) at $ 60 while his friend Federico bought 3 put option contracts
Roberto bought 3 April call option contracts on CBS Corp Class A (CBS.A) at $ 60 while his friend Federico bought 3 put option contracts on CBS Corp Class A at $ 60. If at expiration in April, CBS Corp Class A shares are trading for $ 65, the total value of Robertos option position is:
a. $15
b. $5
c. $1,500
d. $500
e. $0
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