If You Own a Call Option in Shares of IBM

question 77

Multiple Choice

If you own a call option in shares of IBM and the price increases,you could make a profit by

• A)selling the shares of IBM.
• B)buying the shares of IBM.
• C)selling the option.
• D)All of the above.

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Definitions:

Figurine

A small ornamental sculpture representing a human, deity, or animal, often made from ceramic, metal, or stone.

Goddess Tlaltecuhtli

An Aztec deity representing the earth, often depicted in art as a fearsome figure associated with creation and sustenance.

Great Temple

Typically refers to a significant religious building or structure in various cultures, often dedicated to a major deity or serving as a central place of worship.

Tenochtitlán

The capital city of the Aztec Empire, located on an island in Lake Texcoco, in what is now Mexico City, known for its complex urban design and significant temples.