Multiple Choice
You wrote ten call option contracts on JIG stock with a strike price of $41 and an option price of $.60. What is your net gain or loss on this investment if the price of JIG is $46.05 on the option expiration date?
A) -$5,050
B) -$4,450
C) $410
D) $4,450
E) $5,050
Correct Answer:
Verified
Correct Answer:
Verified
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