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You buy a call with a strike price of $95 on stock that you have shorted at $95 (this is a protective call). What are
You buy a call with a strike price of $95 on stock that you have shorted at $95 (this is a protective call). What are the expiration date profits to this position for stock prices of $85, $90, $95, $100, and $105 if the call premium is $6.40? (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round your Protective call profit and Net profit answer to 2 decimal places. Omit the "$" sign in your response.) |
Stock price | Short profit | Call payoff | Call profit | Protective call profit | ||||||||||||||||||
$ | 85 | $ | $ | $ | $ | |||||||||||||||||
$ | 90 | $ | $ | $ | $ | |||||||||||||||||
$ | 95 | $ | $ | $ | $ | |||||||||||||||||
$ | 100 | $ | $ | $ | $ | |||||||||||||||||
$ | 105 | $ | $ | $ | $ | |||||||||||||||||
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