60. What will your net proﬁt or loss on these option positions be if the stock price is $34.20 on the day the options expire? Ignore trading costs and taxes.
A) -$130
B) -$120
C) -$70
D) -$60
E) $10

Question

Quizplus · Accepted Answer

The net profit or loss is calculated based on the difference between the stock price at expiration and the strike price of the options, considering the premiums paid or received. The given stock price and the options' strike prices and premiums determine the net outcome.

60 What Will Your Net Proﬁt or Loss on These