Multiple Choice
Ahmad bought call options on Home Depot with a strike price of $130. The option premium was $6.68. Just before the contract expired, Home Depot stock was $135 per share. Ahmad
A) made a profit of $1.68 per share.
B) lost $6.68 per share because the option would not be exercised.
C) made a profit of $6.68 per share.
D) lost $1.68 per share.
Correct Answer:
Verified
Correct Answer:
Verified
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