Ibm stock sells

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You write one IBM call contract for a premium of $4 and an exercise price of $120. You hold the option until the expiration date, when IBM stock sells for $121 per share. You will realize a ______ on the investment.

  • 300 profit
  • 200 loss
  • 600 loss
  • 200 profit

Reference no: EM131173426

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