Use the Figure for the Question Below

question 87

Multiple Choice

Use the figure for the question below.
-You have shorted a call option on WSJ stock with a strike price of $50. The option will expire in exactly six months. If the stock is trading at $60 in three months, what will you owe for each share in the contract?

• A) $0
• B) $60
• C) $50
• D) $10

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