You Sell a Call with a Strike Price of $90

question 9

Multiple Choice

You sell a call with a strike price of $90 and a premium of $3.84. You simultaneously purchase the stock at a $90 price. If the stock price at expiration is $84.17, what is your profit per share from this transaction?

• A) -$3.84
• B) -$1.99
• C) $1.62
• D) -$5.83
• E) $1.99

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