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Ten months ago, Mrs. Jones took a short position in a forward contract on the stock of AAPL at the forward price of $236. Three
Ten months ago, Mrs. Jones took a short position in a forward contract on the stock of AAPL at the forward price of $236. Three months ago, Mrs. Jones sold a call option on the stock of AAPL with a strike price of $234. Today, the contract matures, the option expires, and the spot price of AAPL is $239. What is the payoff of Mrs. Jones' strategy?
A) $ -9
B) $ -5
C) $ -8
D) $ 0
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