Question
You write one MBI July 120 call contract (equaling 100 shares) for a premium of $4. You hold the option until the expiration date, when
You write one MBI July 120 call contract (equaling 100 shares) for a premium of $4. You hold the option until the expiration date, when MBI stock sells for $121 per share. You will realize a ________ on the investment.
[A contract consists of 100 shares. Do not add $ in the answer. Use negative sign to indicate loss. ]
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Nonprofit Sustainability Making Strategic Decisions For Financial Viability
Authors: Jeanne Bell, Jan Masaoka, Steve Zimmerman
1st Edition
0470598298, 978-0470598290
