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Suppose You Purchase One WFM May 100 Call Contract at $5

Question 98

Multiple Choice

Suppose you purchase one WFM May 100 call contract at $5 and write one WFM May 105 call contract at $2. If, at expiration, the price of a share of WFM stock is $103, your profit would be


A) $500.
B) $300.
C) zero.
D) $200.

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