Question: You write one IBM July 134 call contract for a premium of $13. You hold the option until the expiration date, when IBM stock sells
You write one IBM July 134 call contract for a premium of $13. You hold the option until the expiration date, when IBM stock sells for $140 per share. You will realize a ______ on the investment.
A. 700 profit
B. 600 loss
C. 1900 loss
D. 600 profit
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