Question: Consider Citigroup ( C ) stock priced at $ 6 2 . There are put and call options available at exercise prices of $ 6
Consider Citigroup C stock priced at $ There are put and call options available at exercise prices of $ and a time to expiration of six months. The calls are priced at $ and the puts cost $ There are no dividends on the stock and the options are European. This transaction consists of shares or one contract options
What is your profit if you construct a covered call ie write a call against a stock you own and the stock ends up at $
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