Multiple Choice
Which of the following statements is true about closing a long call position prior to expiration relative to holding it to expiration?
A) the profit is greater at all stock prices
B) the profit is greater only at low stock prices
C) the profit is greater only at high stock prices
D) the range of possible profits is greater
E) none of the above are true
Correct Answer:

Verified
Correct Answer:
Verified
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