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  3. a customer buys 200 shares of abc at $68 and sells

A customer buys 200 shares of ABC at $68 and sells 2 ABC 70 Calls...

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Accounting

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A customer buys 200 shares of ABC at $68 and sells 2 ABC 70 Calls @ $3. The market rises to $80 and the calls are exercised. The customer has a: A $300 gain Bo $600 gain Co $1,000 gain DO $2,000 gain

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