You Purchased Six TJH Call Option Contracts with a Strike

question 138

Multiple Choice

You purchased six TJH call option contracts with a strike price of $40 when the option was quoted at $1.30. The option expires today when the value of TJH stock is $41.90. Ignoring trading costs and
Taxes, what is your total profit or loss on your investment?

• A) $60
• B) $320
• C) $360
• D) $420
• E) $540

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Direct interactions between individuals in the same physical space, often used for discussion, decision-making, or establishing personal connections.

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Gatherings that occur over digital platforms allowing participants to interact and collaborate remotely through video, audio, or text-based communication.

Group Communication

The exchange of information and ideas between individuals in a collective, emphasizing collaborative processes and shared understanding.

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The beneficial roles played by members within a team or group that contribute to its effective functioning.