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You purchase one IBM July 138 call contract for a premium of $15 You hold the option untrf the expiration date. when IBM stock sells

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You purchase one IBM July 138 call contract for a premium of $15 You hold the option untrf the expiration date. when IBM stock sells for $149 per share You will realize a on the investment $1,100 profit $400 loss $1,100 loss $400 profit

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