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Two months ago your friend purchased 5 call contracts on tesla with a strike of $65.00. Her quoted premium cost was $300 per contract. The
Two months ago your friend purchased 5 call contracts on tesla with a strike of $65.00. Her quoted premium cost was $300 per contract. The stock is now at $75.00 and she is asking you whether or not to exercise and what her net gain (payoff) would be on the entire transaction. You tell her...
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