Question
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 $153 and Sammy exercises his options. What is his total profit or loss?
| A. | -$12.44 | |
| B. | -$126.40 | |
| C. | $2,604.00 | |
| D. | $3,500.00 |
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Principles Of Sustainable Finance
Authors: Dirk Schoenmaker, Willem Schramade
1st Edition
0198826605, 978-0198826606
