On january 11 2015 i purchased a call option on exxon at a


On January 11, 2015, I purchased a call option on Exxon at a premium of $14.5, exercise price of $50 and March 15, 2007 maturity. On January 21,2015, I closed my position by buying a put option on Exxon at a premium of $8.5, exercise price of $50 and March 15,2015 maturity. Is my original position closed?

Comment critically

Show detailed work

Request for Solution File

Ask an Expert for Answer!!
Financial Management: On january 11 2015 i purchased a call option on exxon at a
Reference No:- TGS01185097

Expected delivery within 24 Hours