stock recently closed at $51.11. Assume that you write a covered…

Question Answered step-by-step stock recently closed at $51.11. Assume that you write a covered…  stock recently closed at $51.11. Assume that you write a covered call on  by writing a March call with a strike price of $55, and buying 100 shares at the market price. The option premium is $3.50 per stock. What is the total profit if the stock price remain unchanged?What is the total profitloss if the stock price goes up to $55?What is the total profitloss if the stock price goes down to $48?  Tom Gettback buys 100 shares of Johnson Walker stock for $87.00 per share and a 3-month Johnson Walker put option with an exercise price of $105.00 for $20.00.  What is his dollar gain if at expiration the stock is selling for $80.00 per share?What is Tom’s dollar gain/loss if at expiration the stock is selling for $105.00 per share?           note can i see workings  for each question Accounting Business Financial Accounting FINANCE FIN 4003 Share QuestionEmailCopy link Comments (0)