Assume an option trader bought 10 july 25 calls on general


Assume an option trader bought 10 July 25 calls on General Electric Co. (GE) for 1.35. If the stock closed at 28 on expiration and the option position was liquidated, calculate the dollar amount of profit or loss on the trade before commissions and taxes.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Assume an option trader bought 10 july 25 calls on general
Reference No:- TGS01622216

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)