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Susan writes 3 ABC January 35 covered calls at $3.25. ABC shares rise to $40 and Susan is assigned. What are her total net proceeds
Susan writes 3 ABC January 35 covered calls at $3.25. ABC shares rise to $40 and Susan is assigned. What are her total net proceeds from this strategy?
| $12,000 | |
| $10,500 | |
| $11,475 | |
| $12,975 |
Which of the following is a speculative derivative strategy?
| Starbright coffee chain buys a coffee futures contract for September delivery. | |
| None of the above. | |
| A portfolio manager who runs a US equity fund buys S&P 500 Index Put options in anticipation of a market decline. | |
| A farmer sells 10 soybean futures contracts for September delivery. |
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