Question
Stock in Cheezy-Poofs Manufacturing is currently priced at $65 per share. A call option with a $65 strike and 90 days to maturity is quoted
Stock in Cheezy-Poofs Manufacturing is currently priced at $65 per share. A call option with a $65 strike and 90 days to maturity is quoted at $3.25. Compare the percentage gains and losses from a $21,125 investment in the stock versus the option in 90 days for stock prices of $55, $65, and $75. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Leave no cells blank - be certain to enter "0" and select "None" wherever required. Input all amounts as positive values. Omit the "%" sign in your response.) |
Options % Gain/Loss | Stock % Gain/Loss | ||
$55 | (Click to select)GainLossNone | (Click to select)NoneGainLoss | |
$65 | (Click to select)LossGainNone | (Click to select)NoneLossGain | |
$75 | (Click to select)GainLossNone | (Click to select)NoneLossGain | |
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