You sold to open 10 25-strike calls quoted at $2.10 each on a stock you own. You own 1,200 shares of the stock, which is

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answerhappygod
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You sold to open 10 25-strike calls quoted at $2.10 each on a stock you own. You own 1,200 shares of the stock, which is

Post by answerhappygod »

You sold to open 10 25-strike calls quoted at $2.10 each on a
stock you own. You own 1,200 shares of the stock, which is
currently trading at $23.66, which is also your purchase price. The
stock rises to $$25.41 and 1,000 shares are called at $25. What is
your total return? (Ignore
taxes and transaction costs).
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