Question: 1 contract= 100 shares Question 23 2 points Save Answer You are long 5 contracts of 1-yr call option on TSLA with a strike price

 1 contract= 100 shares Question 23 2 points Save Answer You

1 contract= 100 shares

Question 23 2 points Save Answer You are long 5 contracts of 1-yr call option on TSLA with a strike price (K) of $600. What will be your payoff at expiry if the Telsa (TSLA) stock price at expiry (S_T) becomes $100

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!