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gisellerol gisellerol
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3 years ago
Matt owns 500 shares of IKM stock. The market price of IKM is $51.74. Matt just sold five calls on IKM with a strike price of $50. This is known as

▸ writing a naked call.

▸ writing a covered call.

▸ creating a naked cover.

▸ covering a short position.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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bruce2710bruce2710
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3 years ago
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gisellerol Author
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3 years ago
Thanks
Marcie D
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Yesterday
Thanks for your help!!
bkrandy
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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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