50. Create a "Long Condor" on Google by buying a June $520 call for $34.50, writing a June $530 call for $28.70, writing a June $540 call for $22.10, and buying a June $550 call for $15.30. Google is currently selling for $545 per share. GOOG 516 $520 Call Value at Maturity $540 Call $530 Call $550 Call Total Profit/Loss
50. Create a "Long Condor" on Google by buying a June $520 call for $34.50, writing a June $530 call for $28.70, writing a June $540 call for $22.10, and buying a June $550 call for $15.30. Google is currently selling for $545 per share. GOOG 516 $520 Call Value at Maturity $540 Call $530 Call $550 Call Total Profit/Loss
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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50. Create a "Long Condor" on Google by buying a June $520 call for $34.50, writing a June $530 call for $28.70, writing a June $540 call for $22.10, and buying a June $550 call for $15.30. Google is currently selling for $545 per share. GOOG 516 $520 Call Value at Maturity $540 Call $530 Call $550 Call Total
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