The price of a PiglyWigly share on July 1 was R57. On that day, you bought 100
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Question:
The price of a PiglyWigly share on July 1 was R57. On that day, you bought 100 call options on the share with a strike price of R60 when the option price was R2. The options were exercised when the share price rose to R65.
The net profit you made on this transaction is:
R700 | ||
R500 | ||
R300 | ||
R600 |
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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