Question
With regard to futures options, how much profit would an investor make if she bought a call option on gold at 7.01 when gold was
With regard to futures options, how much profit would an investor make if she bought a call option on gold at 7.01 when gold was trading at $483 an ounce, given that the price of gold went up to $520 an ounce by the expiration date on the call?(Note: Assume the call carried a strike price of 480.)
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The Ascendancy Of Finance
Authors: Joseph Vogl, Simon Garnett
1st Edition
1509509305, 978-1509509300
