Suppose You Purchase One WFM May 100 Call Contract at $5

question 98

Multiple Choice

Suppose you purchase one WFM May 100 call contract at $5 and write one WFM May 105 call contract at $2. If, at expiration, the price of a share of WFM stock is $103, your profit would be

• A) $500.
• B) $300.
• C) zero.
• D) $200.

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Definitions:

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Employment benefit plans allowing employees to choose from a range of benefit options, tailoring their compensation package to their personal needs.

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The amount of an individual's or business's income used to determine how much tax they owe to the government, after deductions and exemptions.

Peter Drucker

A renowned management consultant, educator, and author, considered one of the founding figures of modern business management.

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Tax-advantaged investing tools that individuals use to earmark funds for retirement savings.