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Suppose you buy a June expiration call option on 30 shares of Apple stock with the exercise price of $240. If the stock price is
Suppose you buy a June expiration call option on 30 shares of Apple stock with the exercise price of $240. If the stock price is $256 in June (just before expiration) would you exercise this option?
A. | Yes | |
B. | No | |
C. | Impossible to determine | |
D. | You would have to wait until after the expiration date |
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