Recently You Bought a Call and a Put Option on a Stock

question 102

Multiple Choice

Recently you bought a call and a put option on a stock with a common exercise price of $75.The call premium was $5 and the put premium was $3.You will make money from this position if the stock price is:

• A)Greater than $75, but less than $78
• B)Greater than $75, but less than $80
• C)Greater than $72, but less than $75
• D)Less than $67, or greater than $83

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Definitions:

Cultural Diversity

The variety and multicultural aspect of differences among people, including those related to ethnicity, nationality, language, and religion.

Deep Diversity

Diversity that goes beyond surface attributes such as race and gender to include differences in values, experiences, and cognitive styles.

Cohesion

Refers to the degree of camaraderie and unity within a group, affecting its overall performance and member satisfaction.

KSAs

An acronym for Knowledge, Skills, and Abilities; a set of criteria used to evaluate an individual's capability to perform a job.