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Topic | Stock Topic 19 |
red sox 777 02/02/21 9:17:39 AM #28: | Sunroof posted...
You are paying $108,000 to buy 90 calls at a strike of $14 expiring Friday. Each call gives you the right to buy 100 shares of AMC for a price of $14. That is a total of 9000 shares of AMC. If AMC is below $14 at close on Friday your calls expire worthless, resulting in a loss of 100% of your investment of 108k. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
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