Suppose you purchase one WFM May 100 call contract at $5 and write one WFM May 105 call contract at $2. What is the lowest stock price at which you can break even
A)$101
B)$102
C)$103
D)$104
E)None of the options

Name: Suppose you purchase one WFM May 100 call contract at $5 and write one WFM May 105 call contract at $2. What is the lowest stock price at which you can break even A)$101 B)$102 C)$103 D)$104 E)None of the options
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Question

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x = $100 + $5 - $2; x = $103.

Suppose You Purchase One WFM May 100 Call Contract at $5