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Answer to Question #284559 in Finance for Red

Question #284559

The May 17, 2015, price quotation for a Boring call option with a strike price of $50 due to expire in November is $20.80, while the stock price of Boring is $69.80. The premium on one Boring November 50 call contract is ?


1
Expert's answer
2022-01-03T14:23:34-0500

The premium on one Boring November 50 call contract is:

"Premium=\\$20.80\\times100=\\$2080"





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