Short September 16 call @ $100/share $4
What will be an ideal response?
If the price of the underlier is at or below the strike price (i.e., $100), the buyer does not exercise the option and, therefore, the option seller earns the option premium
(plus any interest on the invested premium). For every dollar the underlier's price
rises above $100, the seller loses $1 . Breakeven is at $104 (not counting interest earned).
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The budgeted finished goods inventory and cost of goods sold for a manufacturing company for the year 2010 are as follows: January 1 finished goods, $765,000; December 31 finished goods, $640,000; cost of goods sold for the year, $2,560,000. The budgeted costs of goods manufactured for the year is?
A) $1,405,000 B) $2,560,000 C) $2,435,000 D) $3,965,000
An action-oriented document or playbook that guides the analysis, implementation, and control of the firm's marketing strategy is the business plan.
Answer the following statement true (T) or false (F)
________ means selling a product only through those intermediaries who will give the product special attention.
A. Multichannel distribution B. Administered distribution C. Selective distribution D. Intensive distribution E. Exclusive distribution
If a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on
A. profit expectations. B. market-share goals. C. return on investment goals. D. survival goals. E. objectives.