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Title: Bob's DJIA Index call option had a strike price of 261. When he exercised the option, the Dow was at 26,350.
Post by: adriii0825 on Mar 21, 2022
Bob's DJIA Index call option had a strike price of 261.  When he exercised the option, the Dow was at 26,350.

▸ Bob received $2,500 from the writer of the contract.

▸ Bob paid $250 to the writer of the contract.

▸ Bob received $250 from the writer of the contract.

▸ Bob paid $2,500 to the writer of the contract.


Title: Bob's DJIA Index call option had a strike price of 261. When he exercised the option, the Dow was at 26,350.
Post by: anitasag on Mar 21, 2022
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