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You Bought a Call Option with a $35 Strike Price

Question 1

Multiple Choice

You bought a call option with a $35 strike price for $0.25 when the underlying stock was selling for $34.00. Just prior to expiration, the stock was selling for $34.50. What was your gain
Or loss per option share on this transaction?


A) $0.50 loss
B) $35.25 loss
C) $0.25 gain
D) $0.25 loss

Correct Answer:

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