Short Answer
You buy an S&P 500 Index Call Option for $15. The strike price is $1,250. If the index closes at $1,290, what is your total profit?
Correct Answer:

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$2,500
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Correct Answer:
Verified
$2,500
Explanation: Refer to t...
Explanation: Refer to t...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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