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Suppose that Walmart stock has a call option with a strike price of $148 and an option premium of $1.28 Sammy buys 7 of these
Suppose that Walmart stock has a call option with a strike price of $148 and an option premium of $1.28
Sammy buys 7 of these call options.
Suppose that the price of Walmart stock is $147 and it is the date of expiration. What is Sammy's best move?
A. | Exercise it and take his profit | |
B. | Exercise it and take a loss | |
C. | Buy 100 shares of Walmart to close his position | |
D. | Do nothing |
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