You Purchased a Stock for $36 a Share, a Call

question 62

Multiple Choice

You purchased a stock for $36 a share, a call option with an exercise price of $35 and a premium of $3, and a put option with an exercise price of $35 and a premium of $2. What will be your net profit if you close out all three positions when the stock is selling for $37 a share?

• A) -$2
• B) $3
• C) -$1
• D)$2

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Definitions:

Customer Table

A database table that stores information about customers, including details such as names, addresses, and purchase history.

Validation Rule

A set of conditions or rules that data must meet to be accepted by a system or application, often used in databases and form inputs to ensure data integrity.

Customer Type Field

A designated area in a database or application form where the category or type of customer is specified.

Update Query

A command in database systems used to modify existing data within one or more tables.