You Bought a Call Option with a $35 Strike Price

question 9

Multiple Choice

You bought a call option with a $35 strike price for $0.25 when the underlying stock was selling for $34.00. Just prior to expiration, the stock was selling for $34.50. What was your gain
Or loss per option share on this transaction?

• A)$0.50 loss
• B)$35.25 loss
• C)$0.25 gain
• D)$0.25 loss

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Definitions:

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