A customer sells 1 ABC Feb 40 Call @ $7 when the market price of ABC is $39. The stock moves to $50 and the customer is assigned. The stock is bought in the market for delivery. The gain or loss to the writer is:
A. $300 gain
B. $300 loss
C. $700 loss
D. $1,100 loss
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A customer sells 1 ABC Feb 40 Call @ $7 when the market price of ABC is $39. The stock moves to $50 and the customer is assigned. The stock ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
During 2013, its first year of operations, Neko's Bakery had revenues of $60,000 and expenses of $33,000. The business paid dividends of $20,000. What is the amount of stockholders' equity at December 31, 2014?
Answers (1)
How the amount of savings in an economy is the basis of capital formation?
Answers (1)
Ninth national bank holds $150,000,000 in checkable deposits and $12,000,000 in total reserves. with a required reserve ratio of 8 percent, how much in excess reserves is ninth national holding?
Answers (1)
Lara uses the standard mileage method for determining auto expenses. During 2017, she used her car as follows: 15,600 miles for business, 3,120 miles for personal use, 4,680 miles for a move to a new job, 1,560 miles for charitable purposes, and 780
Answers (1)
Texas permits voters to decide directly on only three matters: constitutional amendments, the state income tax, and
Answers (1)
New Questions in Business
Alyson is an employee at Who'd of Thunk It Games, a company that was just purchased by a competitor. The goals set forth by the new management team are extremely ambitious and are placing seemingly insurmountable goals for the employees.
Answers (1)
Making any misleading representations or incomplete or fraudulent comparison of any insurance policies or insurers for the purpose of inducing, or tending to induce, any person to lapse, forfeit, surrender, terminate, retain, or convert any
Answers (1)
Once risks have been identified, how can they be managed?
Answers (1)
The arnold fertilizer company's stock is selling for $55 in the market and its earnings per share is $5. the company is projected to grow at a rate of 22% over the next year. what is this company's price/earnings to growth (peg ratio?
Answers (1)
Strong company applies overhead based on machine hours. at the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000.
Answers (1)