Callie purchased 3 call options with a $37.50 strike price and a call premium of $.90. On the expiration date, the underlying stock was priced at $40.20 per share. What is her percentage return on this investment?
A) −100.00%
B) 70.45%
C) 181.82%
D) 200%
E) 909.10%
Correct Answer:
Verified
Q65: Jeff paid a call premium of $.60
Q66: Kim Lee purchased 6 put option contracts
Q67: You purchased a call option with a
Q68: Jasmine purchased one call option with a
Q69: You purchased 1 SPX put option with
Q71: You own 10 put option contracts on
Q72: You purchased 5 put option contracts on
Q73: You purchased 6 call options with a
Q74: You own 200 shares of Delta stock,
Q75: Tim purchased 5 put option contracts on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents