Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. covered call strategy. carlos purchased 100 shares

Covered Call Strategy. Carlos purchased 100 shares of stock in Company Alpha for $25 a...

70.2K

Verified Solution

Question

Finance

image
Covered Call Strategy. Carlos purchased 100 shares of stock in Company Alpha for $25 a share. He recently sold a call on the stock for $1.75 a share with a strike price of $37. The stock has since increased in price to $44 per share. How much will Carlos make on this stock if the option is exercised? The total profit Carlos will make is $. (Round to the nearest dollar.) ch Ch Enter your answer in the answer box

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Which of the following is an indication of secondary hypersecretion? Group of answer choices increase in ACTH levels Increase...

Medical Sciences
Q

A paper mill dumps waste into a lake used by a tilapia farmer. The paper mill’s...

Economics
Q

7. A nutritionist wants to determine whether people who regularly drink one protein shake per day...

Statistics
Q

13 ESS Volcanoes and Mountains 1 If you assume that the Himalayas will continue to...

Biology
Q

012 10 0 points It takes 2 84 J of work to stretch a Hooke...

Physics
Q

Form a polynomial whose real zeros are -2, 2, 3 and that has a degree...

Calculus
Q

Suppose sin x cos x 7 5 sin x cos x 1 2 Find cos...

Algebra
Q

If f(x,y) = cos(x-3y) then find af A. -sin(x ...

Accounting
Q

Question 15 1 pts Returns and Merchandise Transportation Terms Allowances (d)...

Accounting
Q

nework i 3 - ht rint erences ic raw ill Required information Use the following...

Accounting
Q

Patrick Inc. makes industrial solvents. Planned production in units for the first three months of...

Accounting
Q

4. Bond D has a Par Value of $1000, a coupon rate of 4.8% with...

Finance