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Intro You have bought 1 share of stock for $26.63 and sold (wrote)1...

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Accounting

Intro
You have bought 1 share of stock for $26.63 and sold (wrote)1 call option on the same stock. Such a portfolio is called a covered call. The option has an exercise price of $30, a price (premium) of $1.51, and expires in 5 months.

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