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    Exam 16: Stock Index Futures and Options
  5. Question
    You Buy an S&P 500 Index Call Option for $15
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You Buy an S&P 500 Index Call Option for $15

Question 15

Question 15

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?

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$2,500
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