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You buy 100 shares of Walmart for $114.55/share and simultaneously write a 120 call option (100 shares) for $1.20. If IBM is trading at

 

You buy 100 shares of Walmart for $114.55/share and simultaneously write a 120 call option (100 shares) for $1.20. If IBM is trading at $128.12, your profits are____________

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The total cost of the transaction is 11455 11455 100 The total income from the call option is 120 12... blur-text-image

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