You buy 100 shares of Walmart for $114.55/share and simultaneously write a 120 call option (100...
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You buy 100 shares of Walmart for $114.55/share and simultaneously write a 120 call option (100 shares) for $1.20. If IBM is trading at $128.12, your profits are____________ You buy 100 shares of Walmart for $114.55/share and simultaneously write a 120 call option (100 shares) for $1.20. If IBM is trading at $128.12, your profits are____________
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The total cost of the transaction is 11455 11455 100 The total income from the call option is 120 12... View the full answer
Related Book For
Financial Markets And Institutions
ISBN: 978-0132136839
7th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
Posted Date:
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