You ask your broker for a price quote for (a fictional company) Sunstar Inc.'s March 110 calls. She replies that these options are trading at $7.00. If you want to buy three contracts, what would be your total cost, including commission? Assume that the broker charges a commission equal to a flat fee of $17 plus $2 per contract.

Answer rating: 100% (QA)

Call option contract March 110 Call option price 7 Number of contracts 3 Each ... View the full answer