You Buy One Xerox June 60 Call Contract and One

question 53

Multiple Choice

You buy one Xerox June 60 call contract and one June 60 put contract. The call premium is $5 and the put premium is $3.
-Your maximum loss from this position could be

• A)$500.
• B)$300.
• C)$800.
• D)$200.
• E)none of the above.

---

Definitions:

Past Experience

Previous events or activities that an individual or organization has encountered, affecting their behavior or decisions.

External Information

Information that originates outside an organization, which can influence decisions and strategies, including market trends, economic indicators, and competitive data.

Impulse Purchases

Items bought without prior planning or consideration, often triggered by emotions or the immediate appeal of the product.

Self-Actualization

When a person is completely satisfied with his or her life.