Question: Hello - Thank you for your help last week. I have a few more questions this week. You have purchased 100 call options (1 contract)
Hello - Thank you for your help last week. I have a few more questions this week.
You have purchased 100 call options (1 contract) on shares of Freeport McMoran with a strike price of $70 and a maturity of today. The stock is trading at expiration at a price of $48.78. How much are your call options worth today? (please express your answer as a dollar value excluding the dollar sign)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
