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You purchase 10 ABC calls with a strike price of $100 at $2 a contract. They expire in 6 months. 1. What is your breakeven

You purchase 10 ABC calls with a strike price of $100 at $2 a contract. They expire in 6 months.

1. What is your breakeven price?

2. What is your % gain if the stock is at $110 at expiration?

3. What is your $ profit if the stock is at $110 at expiration?

4. What is your maximum gain and loss?

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