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You purchased 6 call options with a $40 strike price at a total cost of $150. On the expiration date, the underlying stock was priced
You purchased 6 call options with a $40 strike price at a total cost of $150. On the expiration date, the underlying stock was priced at $39.20. What is the percentage return on your investment?
a. | -420 percent | |
b. | -100 percent | |
c. | 68.75 percent | |
d. | 2.02 percent | |
e. | 220 percent |
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