Solved

Suppose You Purchase a Call Option for $4 and a Strike

Question 30

Multiple Choice

Suppose you purchase a call option for $4 and a strike price of $30.On the expiration day,the price of the stock is $40.What is the return on the call option if you hold your position until maturity?


A) 125%
B) 130%
C) 150%
D) 170%
E) 250%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions