You buy an uncovered call on AMD with a strike of $100. What is the maximum loss?

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You buy an uncovered call on AMD with a strike of $100. What is the maximum loss? State your answer in contract-level (e.g., $3.55) terms, not dollar-level (e.g., $355) terms. Additionally, state your answer with two decimal places of accuracy. The answer must be exact.

Posted Date: May 20, 2024 01:05 AM

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You buy an uncovered call on AMD with a strike of $100. What is the maximum loss?

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