You Purchased Eight LJK Call Option Contracts with a Strike

question 267

Multiple Choice

You purchased eight LJK call option contracts with a strike price of $42.50 when the option was quoted at $.65. The option expires today when the value of LJK stock is $43.16. Ignoring trading
Costs and taxes, what is the total profit or loss on your investment?

• A) $.33
• B) $2.40
• C) $8.00
• D) $12.50
• E) $14.00

Learn the decision-making process and responsibilities within a nonprofit organization regarding entering business partnerships.

Acknowledge the importance of feasibility studies in the development of nonprofit business ventures.

Understand the myths of color-blindness and meritocracy in American society and their social and policy implications.

Analyze racial projects at both macro and micro levels, including policy debates and their effects on social structures.

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Definitions:

Proprioception

The sense of the relative position of one's own body parts and strength of effort being employed in movement, often referred to as the "sixth sense."

Somatic Sensing

The body's ability to sense stimuli from the environment or within itself, including touch, temperature, pain, and proprioception.

Countersensation

A technique involving the introduction of a sensation to counteract or mask another sensation, often used in pain management.

Sensory Adaptation

The reduction in sensitivity to a stimulus after constant exposure to it.