Multiple Choice
You wrote three call option contracts with a strike price of $55 and an option premium of $.70. What is your net gain or loss on this investment if the price of the underlying stock is $53.30 on the option expiration date?
A) -$720
B) -$300
C) -$210
D) $210
E) $720
Correct Answer:
Verified
Correct Answer:
Verified
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