Question
You purchase 25 call option contracts with a strike price of $135 and a premium of $1.80. Assume the stock price at expiration is $142.46.
You purchase 25 call option contracts with a strike price of $135 and a premium of $1.80. Assume the stock price at expiration is $142.46.
a. What is your dollar profit? (Do not round intermediate calculations.)
b. What is your dollar profit if the stock price is $128.41? (A negative value should be indicated by a minus sign. Do not round intermediate calculations.)
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International Finance
Authors: Keith Pilbeam
4th Edition
0230362893, 978-0230362895
