ple Choices
(Choose 1 answer)
(24965) Consider a stock priced at $30. There are call options available at exercise prices of 30 and a time to expiration of six months. The calls are priced at $2.89. There are no dividends and assume that all transactions consist of 100 shares or one contract (each includes 100 options).
What is the maximum profit that the writer of a call can make?
A. $2,711
B. $289
C. $3,000
D. $3,289
E. none of these
Q:
20
