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You write 1000 call options and buy 700 shares of the underlying stock. The call options currently cost $7.15 and the shares of stock cost
You write 1000 call options and buy 700 shares of the underlying stock. The call options currently cost $7.15 and the shares of stock cost $60.21 apiece. One year from now, each call is worth $15.47 and each share of stock is worth $72.43. You make no other trades and there are no other cash flows. What is the percentage return on your portfolio over the year? Write your answer out to four decimals - for example, write 5.18% as .0518
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