Question: Suppose you purchase one Texas Instruments August 75 call contract quoted at $8.50 and write one Texas Instruments August 80 call contract quoted at S6.

Suppose you purchase one Texas Instruments August 75 call contract quoted at $8.50 and write one Texas Instruments August 80 call contract quoted at S6. If, at expiration, the price of a share of Texas Instruments stock is $79, your profit would be $150 $1,850 $600 $400 $2,150
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
