13 0 Marcia purchased 2,000 shares of Armitage Inc. in January of this year at a...

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13 0 Marcia purchased 2,000 shares of Armitage Inc. in January of this year at a price of $8 per share. She currently has a bearish outlook on the price of Armitage. So, she wrote a covered call for 2,000 shares. The March call carries a strike price of $9 at a premium of $1.25 per share. If the call option is exercised, what is Marcia's total gain from writing the call, instead of selling the shares in January at $8? $500.00. b) $2,000.00. c) $2,500.00. d) $4,500.00. 13 0 Marcia purchased 2,000 shares of Armitage Inc. in January of this year at a price of $8 per share. She currently has a bearish outlook on the price of Armitage. So, she wrote a covered call for 2,000 shares. The March call carries a strike price of $9 at a premium of $1.25 per share. If the call option is exercised, what is Marcia's total gain from writing the call, instead of selling the shares in January at $8? $500.00. b) $2,000.00. c) $2,500.00. d) $4,500.00.