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Question
You purchased three call option contracts with a strike price of $22.50 and an option premium of $0.45. You held the option until the expiration date. On the expiration date, the stock was selling for $21.70 a share. What is the total profit or loss on your option position?A. -$45
B. $0
C. -$240
D. -$120
E. -$135
Answer
This answer is hidden. It contains 27 characters.
Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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Q:
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