Suppose That in June 2013 You Bought a Call Option

question 60

Short Answer

Suppose that in June 2013 you bought a call option that allows you to buy 100 shares of a certain stock for $20 before October 2013. If the market price of the stock at some point before October 2013 is $23, and you exercise your option, what will happen?
You will make a $30.00 profit.
You will make a $300.00 profit.
You will make a $3000.00 profit.
You will incur a loss of $30.00.
You will incur a loss of $300.00.

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Definitions:

Psychodynamic Self

A concept in psychology that encompasses the dynamic, internal processes, motivations, and conflicts within the individual as influenced by unconscious factors.

Self-Affirmation

is the practice of reminding oneself of personal values and strengths in order to maintain a positive self-image and cope with threats to one's self-concept.

Achievement Motivation

The drive or desire for success and accomplishment, often pushing individuals to attain higher levels of performance.

Self-Verification

The theory suggesting individuals seek to confirm their self-concept by encouraging others to see them as they see themselves.