Question
Suppose I buy a call for $2.50 on Acme Corp shares at $52 for 3 months out when they are trading right now at $50.00.
Suppose I buy a call for $2.50 on Acme Corp shares at $52 for 3 months out when they are trading right now at $50.00. If Acme's price goes to $56.00 2 months from now I could make at least how much money?
A) $1.50
B) $45.00
C) $150.00
D) $40.00
E) $400.50
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Option Volatility And Pricing Advanced Trading Strategies And Techniques
Authors: Sheldon Natenberg
2nd Edition
0071818774, 978-0071818773
