You own 1000 shares of mmm that you bought for 154 you also, Ask an Expert

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You own 1000 shares of MMM that you bought for $154. You also have written 10 call option contracts on MMM, at a premium of $1.3 and with a strike price of $162, maturing in 2 months. If at maturity of the option, the stock price is $165, what is your net profit on this position?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92718361

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