Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a share. what is your total profit or loss on your

a share. What is your total profit or loss on your option position? 30) You...

60.1K

Verified Solution

Question

Finance

image
a share. What is your total profit or loss on your option position? 30) You purchased three call option contracts with a strike price of $22.50 and an option the premium of $0.45. You held the option until the expiration date. On the expiration date, stock was selling for $21.70 a share. What is the total profit or loss on your option position

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

8 8 1 A neutral oxygen atom atomic number 8 has 8 electrons located in...

Calculus
1.2K views

Find the reference angle for the given angle a b c 130 190 285

Algebra
1.2K views

Factor the polynomial 216 r 4n Select the correct choice below and if necessary fill...

Algebra
1.2K views

5 Which relation is not a function Explain your answer 1 2 3 A A...

Accounting
1.2K views

BONITA INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 12/31/20...

Accounting
1.2K views

1. Identify and explain two (2) internal control concepts that can be applied to cash...

Accounting
1.2K views

#1 Help, and please format in a orangized way if possible ...

Accounting
1.2K views

! Required information [The following information applies to the questions displayed below.] ...

Accounting
1.2K views

June Watson is contributing $4,500 each year to a Roth IRA. The IRA earns 3.2%...

Accounting
1.2K views

the information relates to Novak co. prepare the journal entries to record these transactions on...

Accounting
1.2K views

On January 1,2020, QuickAir Transportation Company purchased a used aircraft at a cost of ...

Finance
1.2K views

Coffee Corp. purchased 45% of the outstanding shares of Cream Corp. for $1,845,000. The investment...