Question
You purchased six TJH call option contracts with a strike price of $40 when the option premium was quoted at $1.30. The option expires today
You purchased six TJH call option contracts with a strike price of $40 when the option premium was quoted at $1.30. The option expires today when the value of TJ stock is $41.90. Ignoring trading costs and taxes, what is your total profit or loss on your investment?
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Options Futures And Other Derivatives
Authors: John C. Hull
7th Edition
0136015867, 9780136015864
