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theferpectstudent theferpectstudent
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2 years ago
Bill owns 200 shares of EG stock. In November, the market price of EG was $15.45. Bill sold two calls expiring in March with a $16 strike price on EG for $246. From November to March, EG stock price stayed at $15.45.  EG paid a quarterly dividend of $0.40 per share on January 31.  Over the November-March period, Bill earned

▸ $80.

▸ $(176).

▸ $326.

▸ $256.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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careytrancareytran
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