Question
You write one IBM July 125 call contract for a premium of $8. You hold the option until the expiration date, when IBM stock sells
You write one IBM July 125 call contract for a premium of $8. You hold the option until the expiration date, when IBM stock sells for $131 per share. You will realize a ______ on the investment.
Multiple Choice
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$200 profit
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$600 loss
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$1,400 loss
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$600 profit
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Handbook Of The Economics Of Finance Volume 2A
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
0444535942, 978-0444535948
