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You write one IBM July 131 call contract for a premium of $7. You hold the...

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Finance

You write one IBM July 131 call contract for a premium of $7.You hold the option until the expiration date, when IBM stock sellsfor $134 per share. You will realize a ______ on theinvestment.

A. $400 profit

B. $300 loss

C. $1,000 loss

D. $300 profit

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You write one IBM July 131 call contract for a premium of $7.You hold the option until the expiration date, when IBM stock sellsfor $134 per share. You will realize a ______ on theinvestment.A. $400 profitB. $300 lossC. $1,000 lossD. $300 profit

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