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You write one MBI July 150 call contract (equaling 100 shares) for a premium of $10. You hold the option until the expiration date, when
You write one MBI July 150 call contract (equaling 100 shares) for a premium of $10. You hold the option until the expiration date, when MBI stock sells for $148 per share. You will realize how big a profit or loss on the investment.
Please put a loss sign as a negative.
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