Question
You bought shares of Intel (INTC) at $50 per share. You also sold a 6-momth call with strike X= 58 for $1.15 a share and
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You bought shares of Intel (INTC) at $50 per share. You also sold a 6-momth call with strike X= 58 for $1.15 a share and bought a 6-month put with strike X=46 for $1.75 per share. What is your expected profit if the stock trades at $60 a share at option expiration?
$10.00
$7.40
$9.40
$8.60
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Financial Management Principles And Applications
Authors: Sheridan Titman
9th Edition
0655705457, 9780655705451
