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You bought a 100 shares of ABC Corp. for R65 per share and wish to hedge your position by writing 100 call option on your

You bought a 100 shares of ABC Corp. for R65 per share and wish to hedge your position by writing 100 call option on your holdings. The option has a R67 strike price and a premium of R7.75. If ABCs shares are selling at R66 at the time of expiration, what will be the overall gain or loss on this covered option strategy

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