An investor with no other positions sells 1 ABC Jan 45 call at 2.50. If the option expires when the stock is trading at 44.50, what is the investor's profit or loss?
A) $50 profit.
B) $250 profit.
C) $50 loss.
D) $250 loss.
Answer: B)
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) $50 profit.
B) $250 profit.
C) $50 loss.
D) $250 loss.
Answer: B)