What is the maximum potential loss from this protective call

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You buy a call with a strike price of $60 on a stock that you have shorted at $60 (this is a "protective" call). The call premium is $2.80. a. What is the expiration net profit if the stock price ends at $0,$30,$60,$70, and $1000? b. What is the maximum potential loss from this protective call? c. What is the maximum potential gain from this protective call? d. Find the break even stock price(or prices)

Reference no: EM131179757

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What is the maximum potential loss from this protective call : You buy a call with a strike price of $60 on a stock that you have shorted at $60 (this is a "protective" call). The call premium is $2.80. What is the expiration net profit if the stock price ends at $0,$30,$60,$70, and $1000? What is the maximum po..
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