Question: How much did you pay for the call in dollars if you chose the strike price of 11000? (Remember that option premiums are quoted in

  1. How much did you pay for the call in dollars if you chose the strike price of 11000? (Remember that option premiums are quoted in 64ths.)
  2. Use the following information for trades taking place on June 10. If you sold the call on June 10 due to a change in circumstances, would you have reaped a profit or loss? Determine the amount of the profit or loss.

How much did you pay for the call in dollars if you

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