Question: You write one Baltimore Cloud Inc. August 1 1 5 call option contract for a premium of $ 7 . 5 0 . You hold
You write one Baltimore Cloud Inc. August call option contract for a premium of $ You hold the position until the expiration date when Baltimore Cloud stock sells for $ per share. Calculate gainloss that you will realize on this investment. Remember that the size of the option contract is
Loss should be entered with minus sign.
Round the answer to two decimal places.
correct answer :
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