by Brian Leakey | Dec 16, 2022 | finance
You purchase a call option and the premium to buy the option is $2 on a stock trading for $50 per share. The strike price of the call option is $55. How much is your call option worth if the stock jumps to $70 per share before the option expires? Remember each option...
by Brian Leakey | Dec 16, 2022 | finance
You purchase a call option and the premium to buy the option is $2 on a stock trading for $50 per share. The strike price of the call option is $55. How much is your call option worth if the stock jumps to $70 per share before the option expires? Remember each option...