ple Choices
(Choose 1 answer)
(24969) 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 and the puts cost $2.15. There are no dividends and assume that all transactions consist of 100 shares or one contract (each includes 100 options).Suppose the investor constructed a covered call and held the position to expiration, what is the investor's minimum profit?
A. -$2,711
B. -$3,289
C. -$3,000
D. negative infinity
E. none of these
Q:
28