Question: 3. Given the following option position, find the maximum gain, maximum loss, and break-even point. If the stock was trading at $63 right before the

 3. Given the following option position, find the maximum gain, maximum

3. Given the following option position, find the maximum gain, maximum loss, and break-even point. If the stock was trading at $63 right before the option expired, what would the gain or loss be? L1 BAJAN 47 CALL @ 4 Maximum Gain: Maximum loss Break/Even: Gain/Loss at ending price

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