A customer buys 200 ABC at 76 and simultaneously writes 2 ABC MAR 80 calls at 2. If the stock rises to 83 and the customer is assigned on the short calls, the customer has a gain of:

A customer buys 200 ABC at 76 and simultaneously writes 2 ABC MAR 80 calls at 2. If the stock rises to 83 and the customer is assigned on the short calls, the customer has a gain of:



A) 800.

B) 1400.

C) 1200.

D) 1800.



Answer: C)


Learn More :