You Bought Twelve Call Option Contracts with a Strike Price

question 85

Multiple Choice

You bought twelve call option contracts with a strike price of $27.50 and a premium of $0.77. At expiration, the stock was selling for $26.90 a share. What is the total profit or loss on your option position if you did not exercise it prior to the expiration date?

• A) -$9.24
• B) -$10.20
• C) $0
• D) -$924
• E) -$1,020

Differentiate between product development strategy and supply chain strategy.

Understand the components and functions within a supply chain.

Differentiate between the core elements of supply chain strategy and supplementary services.

Comprehend the role and objectives of product development strategies.

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Definitions:

Corpus callosum

A broad band of nerve fibers joining the two hemispheres of the brain, facilitating communication between them.

Cerebral hemispheres

The two halves of the brain's cerebrum, responsible for integrating sensory information and coordinating brain functions.

Nerve fibers

Long projections of nerve cells that transmit electrical impulses throughout the body.

Cerebellum

An area of the brain inferior to the cerebrum that coordinates complex skeletal muscle coordination.