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You buy 100 shares of CDI College stock with a market price of $35.80 per share. You then sell a covered call which will expire
You buy 100 shares of CDI College stock with a market price of $35.80 per share. You then sell a covered call which will expire in 30 days and set the strike price at $40.00. The premium is $3.00. The expiration date has passed and is deemed worthless. What is the cash amount in your account
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