Examlex

Solved

You Bought Six Call Option Contracts with a Strike Price

question 11

Multiple Choice

You bought six call option contracts with a strike price of $25.00 and a premium of $0.45.At expiration,the stock was selling for $23.75 a share.What is the total profit or loss on your option position if you did not exercise it prior to the expiration date?


Definitions:

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Normal

Conforming to a standard; usual, typical, or expected state or condition.

Stereotyped Beliefs

Preconceived notions that are overly simplified and applied to groups or categories of people without acknowledging individual differences.

Psychological Illnesses

Mental health disorders characterized by disturbances in a person's thoughts, emotions, or behavior.

Related Questions