Assume That You Purchased Shares of a Stock at a Price

question 93

Multiple Choice

Assume that you purchased shares of a stock at a price of $35 per share. At this time, you wrote a call option with a $35 strike and received a call price of $2. The stock currently trades at $70. Calculate the dollar return on this option strategy.

• A) $25
• B) -$2
• C) $2
• D) -$25
• E) $0

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Definitions:

Nerve Cells

Specialized cells that transmit electrical impulses throughout the nervous system.

Blood Cells

The cells circulating in the blood, primarily red blood cells (erythrocytes), white blood cells (leukocytes), and platelets, each serving essential functions in the body.

Neuroplasticity

Describes the ability of the brain to change and adapt in response to experience, by forming new neural connections.

Acetylcholine

is a neurotransmitter involved in muscle activation, memory formation, and the transmission of nerve impulses in the nervous system.