Question
You recently purchased five AAPL CALL option contracts (note that a contract is for 100 options) with a strike price of $180 at a cost
You recently purchased five AAPL CALL option contracts (note that a contract is for 100 options) with a strike price of $180 at a cost of $3.00 per option. When the option expires next week, the value of AAPL stock is $175.75. Including the cost of the premium but ignoring additional transaction costs, what is your total profit or loss on the investment?
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The Commercial Aircraft Finance Handbook
Authors: Ronald Scheinberg
1st Edition
1781372608, 978-1781372609
