Question: You write a call option on a stock for a premium of $5 . The exercise price is $11 . What is the option's profit


You write a call option on a stock for a premium of $5 . The exercise price is $11 . What is the option's profit or loss if just prior to expiration the stock price is $6 ? A. (56 ) B . SO C. $5 D. $6 E. 511
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