You purchased six TJH call option contracts with a strike price of $40 when the option was quoted at $1.30. The option e
Posted: Fri Jul 01, 2022 7:47 am
You purchased six TJH call option contracts with a strike priceof $40 when the option was quoted at $1.30. The option expirestoday when the value of TJH stock is $42.90. Ignoring trading costsand taxes, what is your total profit or loss on yourinvestment?
Group of answer choices
$800
$500
$920
$940
$960
Group of answer choices
$800
$500
$920
$940
$960