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You go long 5 call option contracts for JP Morgan Chase (JPM) with a strike price of $120.00. The option premium is $3.00 per share.
You go long 5 call option contracts for JP Morgan Chase (JPM) with a strike price of $120.00. The option premium is $3.00 per share. The market price for JPM stock on the day you enter the contracts is $121.25. On the options expiration date, JPM is selling for $128.75. How much will you make in total if you exercise the options on the expiration date
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Principles Of Commodity Economics And Finance
Authors: Daniel P. Ahn
1st Edition
0262038374, 9780262038379
