Question: You write one MBI July 133 call contract (equaling 100 shares) for a premium of $11. You hold the option until the expiration date, when
You write one MBI July 133 call contract (equaling 100 shares) for a premium of $11. You hold the option until the expiration date, when MBI stock sells for $138 per share. You will realize a ______ on the investment.
Multiple Choice
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$600 profit
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$500 loss
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$1,600 loss
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$500 profit
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