Hi, can you please help me with this question. The correct answer is 2678.00, but I am getting something different from
Posted: Sat Feb 26, 2022 9:11 am
Hi, can you please help me with this question. The
correct answer is 2678.00, but I am
getting something different from my teacher. Thanks.
Your client purchased 300 shares of Speedy Airlines common stock
at $27.61 a share in July of 2015. In June of 2016 the client
writes 2 October 35 calls at 6 against the stock position. If the
market of Speedy Airlines is trading at $39.79 at expiration, what
is the client's realized gain?
correct answer is 2678.00, but I am
getting something different from my teacher. Thanks.
Your client purchased 300 shares of Speedy Airlines common stock
at $27.61 a share in July of 2015. In June of 2016 the client
writes 2 October 35 calls at 6 against the stock position. If the
market of Speedy Airlines is trading at $39.79 at expiration, what
is the client's realized gain?