Which of the Following Statements Is True About Closing a Long

question 53

Multiple Choice

Which of the following statements is true about closing a long call position prior to expiration relative to holding it to expiration?

• A)the profit is greater at all stock prices
• B)the profit is greater only at low stock prices
• C)the profit is greater only at high stock prices
• D)the range of possible profits is greater
• E)none of the above are true

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