Assume the stock of Company XYZ is selling for $150 right now. There is a...
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Finance
Assume the stock of Company XYZ is selling for $150 right now. There is a call option on the stock with a strike price of $155 and a premium of $2. The option expires in two months. If you buy a call contract (the right to purchase 100 stocks). What would be your net gain or loss from the trade if the stock price increases to $160?
a)500
b)300
c)-200
d)800
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