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You write one IBM July 127 call contract for a premium of $12. You hold the option until the expiration date, when IBM stock sells
You write one IBM July 127 call contract for a premium of $12. You hold the option until the expiration date, when IBM stock sells for $135 per share. You will realize a on the investment. Multiple Cholce $400 profit $8001055 52,0001055 $800 profit
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