You Buy an S&P 500 Index Call Option for $15

question 15

Short Answer

You buy an S&P 500 Index Call Option for $15. The strike price is $1,250. If the index closes at $1,290, what is your total profit?

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Definitions:

Action System

A framework or method used in social work and related fields to plan, execute, and evaluate interventions aimed at achieving specific objectives.

Agency System

A framework or structure within an organization that defines its operations, procedures, and roles for achieving its objectives.

Closed System

A system that does not interact with its environment and does not exchange matter or energy with the outside.

Disinfectant

A chemical substance used to eliminate or inhibit the growth of harmful microorganisms.