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
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?
| $8.60 | ||
| $9.40 | ||
| $7.40 | ||
| $10.00 |
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Investments An Introduction
Authors: Herbert B Mayo
10th Edition
0538452099, 9780538452090
