You bought 1000 Google Shares for $400 each. You also sold call options on Google...

You bought 1000 Google Shares for $400 each. You also sold call options on Google with a strike of $435 for $20.

a) What is the maximum profit on your position?

b) What is the profit on your position when the stock hits $440?

c) Draw the profit/loss diagram for this position clearly marking the max loss and the maximum profit

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jeff jeffy answered 1 year ago

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