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Your client purchased 300 shares of Speedy Airlines common stock at $21.57 a share in July of 2015. In June of 2016 the client writes
Your client purchased 300 shares of Speedy Airlines common stock at $21.57 a share in July of 2015. In June of 2016 the client writes 2 October 35 calls at 4 against the stock position. If the market of Speedy Airlines is trading at $38.37 at expiration, what is the client's realized gain?
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