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The recent price per share of Company X is $102 per share. You buy 100 shares at $50. Meanwhile, you sell 100 shares of calls
The recent price per share of Company X is $102 per share. You buy 100 shares at $50. Meanwhile, you sell 100 shares of calls with a strike price of $102. The call premium is $1 per share. If Company X closes at $82 per share at the expiration of the call, and you sells all the 100 shares at $82. What would be the total profit and loss from investing in the stock and investing in the option?
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