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You write a call option on a stock for a premium of $6. The exercise price is $11. What is the options profit or loss
You write a call option on a stock for a premium of $6. The exercise price is $11. What is the options profit or loss if just prior to expiration the stock price is $6?
a. | $5 | |
b. | $0 | |
c. | ($6) | |
d. | $6 | |
e. | $11 |
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