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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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