Multiple Choice
You purchased three call option contracts with a strike price of $22.50 and an option premium of $0.45.You held the option until the expiration date.On the expiration date,the stock was selling for $21.70 a share.What is the total profit or loss on your option position?
A) -$45
B) $0
C) -$240
D) -$120
E) -$135
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Which one of the following sentences is
Q7: Which one of the following is classified
Q19: You purchased four call option contracts with
Q30: You purchased five August 13 futures contracts
Q72: Use these option quotes to answer this
Q73: Use these option quotes to answer this
Q74: You purchased six put option contracts with
Q75: Use the following bond quotes to answer
Q79: Assume a semi-annual coupon bond matures in
Q82: You purchased eight put option contracts with