You Want to Sell Three Call Option Contracts on ZZ

question 92

Multiple Choice

You want to sell three call option contracts on ZZ Industries stock at a strike price of $30 a share. How much will you receive in option premiums if you place this order today?

• A) $300
• B) $1,290
• C) $1,320
• D) $561
• E) $546

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Definitions:

Income Forms

Various ways through which individuals or entities can receive money, such as wages, salaries, dividends, interest, and rents.

Aggregate Stock

The total shares or equity held by shareholders in a corporation or the overall supply of goods or commodities available in a market.

Industrial Accident

An unexpected and unplanned event in an industrial setting resulting in injury, illness, or damage.

Labor Market

Refers to the supply and demand for labor, where employees provide the supply and employers the demand.