At Expiry, the Seller Holder of a Call Option (With

question 5

Multiple Choice

At expiry, the seller holder of a call option (with an exercise price of $32, sold for a premium of $0.85) over Wesfarmers shares (now trading at $32.50) will:

• A)be obligated to sell shares to the holder but still make a profit of $0.35 per share
• B)be obligated to sell shares to the holder but still make a profit of $1.35 per share
• C)be obligated to sell shares to the holder but still make a profit of $0.85 per share
• D)not be required to sell shares to the holder and make a profit of $0.85 per share.
• E)None of these are correct.

---

Definitions:

Manifest Content

The actual literal content and storyline of a dream as remembered by the dreamer.

Latent Content

The hidden psychological meaning of dreams or other expressions, as opposed to their literal content.

Wishes and Desires

Internal drives or motivations aimed at obtaining satisfaction, pleasure, or the fulfillment of something wanted or sought after.

Forebrain

The anterior part of the brain, including the cerebrum and diencephalon, responsible for processing sensory information and controlling complex behaviors.