Question
Suppose you purchase one Texas Instruments August 75 call contract quoted at $8.50 and write one Texas Instruments August 80 call contract quoted at $6.
- Suppose you purchase one Texas Instruments August 75 call contract quoted at $8.50 and write one Texas Instruments August 80 call contract quoted at $6.
What is this strategy called?
What is the maximum gain and loss of this strategy per share?
What is the breakeven stock price of this strategy?
If the price of Texas Instruments stock is $79 at expiration, your profit per share would be:
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Weathering The Storm A Quick Guide To Safeguarding Your Finances During Economic Recession
Authors: Liam Wilhelm
1st Edition
979-8864393628
