You Purchased Six TJH Call Option Contracts with a Strike

question 89

Multiple Choice

You purchased six TJH call option contracts with a strike price of $40 when the option was quoted at $2. The option expires today when the value of TJH stock is $43. Ignoring trading costs and taxes,what is your total profit or loss on your investment?

• A) $6
• B) $600
• C) $800
• D) $1,200
• E) $1,800

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Definitions:

Neurotransmitter Levels

The concentration or amount of neurotransmitters present in the synaptic cleft, affecting the strength and effectiveness of nerve signal transmission.

Social Factors

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Psychological Disorders

Mental health conditions characterized by disrupting thought patterns, emotions, or behaviors.

Heredity

The passing of traits from parents to offspring through genes.