Which of the following statements is true about closing a long call position prior to expiration relative to holding it to expiration?
A)the profit is greater at all stock prices
B)the profit is greater only at low stock prices
C)the profit is greater only at high stock prices
D)the range of possible profits is greater
E)none of the above are true

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true about closing a long call position prior to expiration relative to holding it to expiration?
A)the profit is greater at all stock prices
B)the profit is greater only at low stock prices
C)the profit is greater only at high stock prices
D)the range of possible profits is greater
E)none of the above are true

Which of the Following Statements Is True About Closing a Long