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lcard044 lcard044
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2 years ago
In January, JB stock was selling for $50 per share.  When the calls and the puts with a strike price of $45 expired on March 20, JB was selling at $46.  Which investors made a profit?

I.the writer of the call
II.the buyer of the call
III.the writer of the put
IV.the buyer of the put


▸ II and III

▸ I and III

▸ only III

▸ II and IV
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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bruce2710bruce2710
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2 years ago
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