Multiple Choice
You purchased four WXO 30 call option contracts at a quoted price of $.34. What is your net gain or loss on this investment if the price of WXO is $33.60 on the option expiration date?
A) -$1,576
B) -$136
C) $1,304
D) $1,440
E) $1,576
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: The act where an owner of an
Q57: A _ is a derivative security that
Q58: You purchased six TJH call option contracts
Q59: Three months ago,you purchased a put option
Q60: Martha B's has total assets of $1,750.
Q61: J&L,Inc. stock has a current market price
Q63: The difference between an American call and
Q64: Which of the following is not true
Q65: You wrote ten call option contracts on
Q66: Tele-Tech Com announces a major expansion into