[Solved] Fred wrote a naked call option on Mitrosoft stock. When written the call had a premium of $6, an expiration of one month, an exercise price of $40, and the stock was selling at $36. At expiration, Mitrosoft was selling at $43. What profit/loss did Fred earn? Assume the option was for one share of stock. Advanced Search: A feature that allows users to perform searches based on multiple criteria and filters to refine results more precisely than with simple searches. Redundancy: The duplication of critical components or functions of a system with the intention of increasing reliability of the system, often in the case of a backup or fail-safe. Database Systems: Structured collections of data or databases managed by software that allows for the storage, retrieval, and manipulation of data. Isolation: A state of being separated from others, which can be either physical separation or feeling of being disconnected from others.