Multiple Choice
Suppose you purchase one Texas Instruments August 75 call contract quoted at $8.50 and write one Texas Instruments August 80 call contract quoted at $6.If,at expiration,the price of a share of Texas Instruments stock is $79,your profit would be _________.
A) $150
B) $400
C) $600
D) $1,850
Correct Answer:
Verified
Correct Answer:
Verified
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