Question
You purchase one XLF (SPDR Financials ETF) July 35 call option for a premium of $5. You hold the option until the expiration date when
You purchase one XLF (SPDR Financials ETF) July 35 call option for a premium of $5. You hold the option until the expiration date when XLF sells for $33 per share. You will realize a ______ on the investment.
$7 loss
$2 loss
$5 loss
$2 profit
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ISE Real Estate Finance And Investments
Authors: Jeffrey Fisher William B. Brueggeman
17th International Edition
1264892888, 9781264892884
