You Bought a Call Option with a $40 Strike Price

question 16

Multiple Choice

You bought a call option with a $40 strike price for $2.25 when the underlying stock was selling for $39.00. Just prior to expiration, the stock was selling for $44.00. What was your gain
Or loss per option share on this transaction?

• A)$1.75 gain
• B)$2.75 gain
• C)$2.75 loss
• D)$2.25 loss

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Definitions:

Gut-Level Communication

Communication that is deeply emotional and instinctive, rather than cerebral or meticulously thought out, often leading to more authentic interactions.

Real Communication

Genuine exchange of messages, where both sender and receiver engage actively, ensuring clarity, understanding, and authenticity in the interaction.

Self-Knowledge

Understanding or knowledge an individual has about themselves, including their characteristics, emotions, likes, and dislikes.

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The act of intentionally keeping information hidden from others, especially information that is personal or confidential.