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bigben0007 bigben0007
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2 years ago
An investor who exercises a call option on a S&P 500 ETF will

▸ purchase ETF shares at the strike price.

▸ receive a cash settlement equivalent to the difference between the strike price and the current level of the index.

▸ receive a cash settlement equivalent to the difference between the strike price and 100 times the current level of the index.

▸ receive a cash settlement equivalent to the difference between the strike price and the current price of the ETF.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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12Jfiscus12Jfiscus
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2 years ago
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bigben0007 Author
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2 years ago
Thanks for your help!!
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Yesterday
Thanks
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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