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Louise Just Purchased 3 Call Option Contracts on GE Stock

question 20

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Louise just purchased 3 call option contracts on GE stock.How many shares of stock can she buy at the strike price based on these contracts?


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Principal

The original sum of money borrowed in a loan, or the amount of the investment.

Negotiated

The process of discussing to reach an agreement in business, employment conditions, or contracts.

Export Controls List

A regulatory list that identifies items subject to export restrictions or licenses, often for reasons of national security, foreign policy, or trade objectives.

Export Broker

A person or company that acts as an intermediary, arranging for goods to be sold and shipped to overseas buyers.

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