Question
You purchase one IBM July 125 call contract (equaling 100 shares) for a premium of $5. You hold the option until the expiration date, when
You purchase one IBM July 125 call contract (equaling 100 shares) for a premium of $5. You hold the option until the expiration date, when IBM stock sells for $123 per share. You will realize a ______ on the investment.
a. $200 profit
b. $200 loss
c. $500 profit
d. $500 loss
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Market Regulations And Finance
Authors: Ratan Khasnabis, Indrani Chakraborty
2014th Edition
8132217942, 978-8132217947
