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Man, those test proctors really come down hard on talking. I got kicked out for bellowing quietly in the corner and chewing on a test booklet.

Options Strategy Drill

  • 1.

    You buy 5 BUBB 30 calls at $10. What is the most money you can lose?

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  • 4.

    A $30 call option is purchased for $4. If the stock is selling for $28 at expiration, what is the investor's profit?