Call option on exxon at a premium
Course:- Financial Management
Reference No.:- EM13891879

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On January 11, 2015, I purchased a call option on Exxon at a premium of $14.5, exercise price of $50 and March 15, 2007 maturity. On January 21,2015, I closed my position by buying a put option on Exxon at a premium of $8.5, exercise price of $50 and March 15,2015 maturity. Is my original position closed?

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