Question
You sold two call option contracts (each on 100 shares) with a strike price of $30 when the option was quoted at $.70. The option
You sold two call option contracts (each on 100 shares) with a strike price of $30 when the option was quoted at $.70. The option expires today when the value of the underlying stock is $28.80. Ignoring trading costs and taxes, what is the net profit or loss on this investment?
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The Commercial Real Estate Investors Handbook
Authors: Steven D. Fisher
1st Edition
1601380372, 978-1601380371
