You sold three $35 call option contracts at a quoted price of $1.40. What is your net profit or loss on this investment if the price of the underlying asset is $36.70 on the option expiration date?

Name: You sold three $35 call option contracts at a quoted price of $1.40. What is your net profit or loss on this investment if the price of the underlying asset is $36.70 on the option expiration date?
Brand: Quizplus
Rating: 4.7 (59 reviews)

Question

Quizplus · Accepted Answer

Total loss = ($1.40 + $35 - $36.70) F1F1F1S1F1F1F10 100 F1F1F1S1F1F1F10 3 = -$90

You Sold Three $35 Call Option Contracts at a Quoted