Tesla Inc is traded at $480 01 per share when Nancy sold a call option today The call premium is $86 and the exercise price is $500 The option will be expired on August 21, 2020 What are Nancys maximum profit and maximum loss Show the profit loss if, at the expiration date, the Tesla price is (1) $400, (2) $530, (3) $700

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Tesla Inc. is traded at $480.01 per share when Nancy sold a call option today. The call premium is $86 and the exercise price is

Tesla Inc. is traded at $480.01 per share when Nancy sold a call option today. The call premium is $86 and the exercise price is $500. The option will be expired on August 21, 2020.

What are Nancys maximum profit and maximum loss?
Show the profit/loss if, at the expiration date, the Tesla price is (1) $400, (2) $530, (3) $700 ?

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