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adriii0825 adriii0825
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2 years ago
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.
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Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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anitasaganitasag
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