You Write One IBM July 120 Call Contract for a Premium

question 55

Multiple Choice

You write one IBM July 120 call contract for a premium of $4. You hold the option until the expiration date when IBM stock sells for $121 per share. You will realise a ________ on the investment.

• A)$300 profit
• B)$200 loss
• C)$600 loss
• D)$200 profit

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Definitions:

Descent Cousins

Cousins who are part of the same family lineage or bloodline, emphasizing the connection through common ancestors.

Social Class

A division of a society based on social and economic status, where individuals are grouped by criteria such as occupation, income, wealth, education, and social network.

Occupation

Occupation refers to a person's regular, long-term employment or role in society, which often defines a part of their identity and social status.

Age

The length of time that a person or entity has existed.