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Suppose you purchase 100 shares of Alphabet Inc. (AAPL) stock today at $1,316.70 and you simultaneously write a covered $1,380 call option with premium of
Suppose you purchase 100 shares of Alphabet Inc. (AAPL) stock today at $1,316.70 and you simultaneously write a covered $1,380 call option with premium of $9.40. What would be your total profit/loss on this hedged position if the stock price for Alphabet Inc. changed to $1,351.23?
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