Suppose the price of gold in the spot market is $1,830 and the price of a call option on gold futures with a strike price of $1,825 is $35 (all prices are per ounce) .If you exercise this call option,you get:
A) $5 and a long position in gold futures
B) $25 and a long position in gold futures
C) $30 and a long position in gold futures
D) $5 and a short position in gold futures
E) $30 and a short position in gold futures
Correct Answer:
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