Question
What is the total option premium you will receive if you sell 4 May $27.50 calls on Texas Instruments? Texas Instruments (TXN) CALL PUT Exp
What is the total option premium you will receive if you sell 4 May $27.50 calls on Texas Instruments? Texas Instruments (TXN) CALL PUT Exp Strike Bid Ask Bid Ask May 25.00 6.60 6.70 N/A 0.01 Jun 25.00 6.50 6.75 N/A 0.03 Oct 25.00 6.95 7.25 0.39 0.42 May 27.50 4.10 4.15 N/A 0.01 Jun 27.50 4.05 4.30 0.07 0.10
Group of answer choices
$2,170
$850
$1,640
$3,375
$90
You bought a call option with a strike price of $40. What is your total payoff on this option contract if the underlying stock is selling for $42.70 on the option expiration date?
Group of answer choices
$270.00
$233.00
$70.00
$3.00
$133.00
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