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You Write One IBM July 120 Call Contract for a Premium

Question 39

Multiple Choice

You write one IBM July 120 call contract for a premium of $4.You hold the option until the expiration date when IBM stock sells for $121 per share.You will realize a ______ on the investment.


A) $300 profit
B) $200 loss
C) $600 loss
D) $200 profit

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