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A customer sells 1 WL September 100 call for 10 and buys 100 shares of WL stock at 105. The customer will break even at what market price? (A) 90 (B) 95 (C) 110 (D) 115
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A customer sells 1 WL September 100 call for 10 and buys 100 shares of WL stock at 105.

The customer will break even at what market price?
(A) 90
(B) 95
(C) 110
(D) 115

User Nanoquack
by
5.2k points

1 Answer

5 votes

Answer:

Answer is B. 95

Refer below.

Step-by-step explanation:

A customer sells 1 WL September 100 call for 10 and buys 100 shares of WL stock at 105.

The customer will break even at market price: 95

User Sigroad
by
5.7k points
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