Question: I need an answer ASAP please Question 16 (3 points) Kimberly Laporte was a former student who just earned enough to beat the Flying Biscuit

I need an answer ASAP please I need an answer ASAP please Question 16 (3 points) Kimberly Laporte

Question 16 (3 points) Kimberly Laporte was a former student who just earned enough to beat the Flying Biscuit portfolio in stock track with a covered call strategy. If you own 200 shares trading at $50, can you replicate her covered call trading strategy using the information below. Use it to anwser the questions. X=Strike Call Put $12 $40 $50 $60 $8 $3 $6 $10 $4 a) what option transactions should you undertake to cover the 200 shares? b) If the stock moves to $56 what is your net position value? AJ

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