In January, JB stock was selling for $50 per share. When the calls and the puts with a strike price of $45 expired on March 20, JB was selling at $46. Which investors made a profit?
I. the writer of the call
II. the buyer of the call
III. the writer of the put
IV. the buyer of the put
A) II and III
B) I and III
C) only III
D) II and IV
Answer: A
You might also like to view...
According to a study of conflict resolution styles of MBA students from different countries, which of the following is true regarding how conflict resolution differs across cultures?
A. Conflict resolution styles differed across cultures. B. U.S. students are more likely to report an avoiding style. C. Chinese students are more likely to report a competing style. D. There were no differences in conflict resolution styles across cultures.
____ is a searching technique that can get results when the exact spelling of a word is not known, or it can help users obtain information that is loosely related to a topic.
A. Case-based reasoning B. Query by example C. Fuzzy logic D. Keyword searching
As the marketing manager of the ABC company, you understand that gender roles are not as clear as they were years ago. What factors do you consider in your promotion of the company's products to women?
What will be an ideal response?
What is a burndown chart? Identify five advantages of a burndown chart
What will be an ideal response?