You Own 2 SPX Call Options with a Strike of 1930

question 41

Multiple Choice

You own 2 SPX call options with a strike of 1930. What is the payoff at maturity for this option contract if the S&P 500 index is 1980?

• A)$0
• B)$100
• C)$2,000
• D)$10,000
• E)$15,000

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Definitions:

Net Margin

A profitability ratio calculated as net income divided by revenue, indicating the percentage of each dollar of revenue that results in net profit.

Inventory Turnover

A measure of how often a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Cycle Times

The total time from the beginning to the end of a process, procedure, or activity, often used as a measure of efficiency in manufacturing and project management.

Engineering Efficiency

The optimization of processes, systems, or designs to maximize output, performance, or functionality while minimizing waste, cost, and inefficiencies.