Dan purchased a call option on november 12 2015for 500, Financial Management

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Dan purchased a call option on november 12 2015for 500

Dan purchased a call option on November 12, 2015for $500 option gave him the right to buy 100 shares of delta stock for $45 a share. He sold The option for $550 on December 12, 2015 when the price was $48 a share how much K should do you report on his 2015 return?

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Financial Management: Dan purchased a call option on november 12 2015for 500

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