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You have a bullish view on the US stock market for the three days. You have $ 1 0 0 to invest. You decide to
You have a bullish view on the US stock market for the three days. You have $ to invest.
You decide to buy call options based on an ETF that tracks the S&P Index. The option is American and the strike price of the option is $ That is at any time, you can exercise the option and buy this ETF from the option seller at $ The premium of the call option is $ per share, ie if you spend $ you buy share of the option contract which allows you to buy share of the ETF should you decide to do it You decide to go all in and buy this call option as much as possible.
The S&P Index earns a return of and for the next three days.
You exercise your call options after these three days.
What's the return of your investment over these three days?
Enter a number with two decimal points. Answer the question in percentage terms, ie if the answer is enter
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