LogFAQs > #950191002

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Topic	Stock Topic 19
red sox 777 02/02/21 9:17:39 AM #28:	Sunroof posted... Here is a scenario I just drafted. If I hit submit, what would this mean? 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! <cite>red sox 777 posted [p:950191002] in Stock Topi... [t:79272609]...</cite> <quote>Sunroof posted... </cite> <quote> Here is a scenario I just drafted. If I hit submit, what would this mean?</quote> 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!</quote> ... Copied to Clipboard!
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