Question
Simon Templar bought 1 call option on shares of Massive Dynamic for a premium of $2.00 (per share). The strike price of the option is
Simon Templar bought 1 call option on shares of Massive Dynamic for a premium of $2.00 (per share). The strike price of the option is $30 and the stock price was $31. Subsequently, the price of Massive Dynamic shares rose to $33.00 and Simon sold one call option at a premium of $3.50 (per share). What was Simons profit (or loss) per share on the transactions?
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Innovation And Technology
Authors: Nikos Vernardakis
1st Edition
0415676800, 978-0415676809
