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Canada (161,538)
ACT245H1 (1)
all (1)
Chapter

Covered Call

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Department
Actuarial Science
Course
ACT245H1
Professor
All Professors
Semester
Summer

Description
7/28/2013 5:23:00 PM Covered Call; long stock short call: Max Profit = Premium Received - Purchase Price of Underlying + Strike Price of Short Call - Commissions Paid Max Profit Achieved When Price of Underlying >= Strike Price of Short Call Maximum Loss = Unlimited Loss Occurs When Price of Underlying < Purchase Price of Underlying - Premium Received Covered Put; Short stock short put Max Profit = Premium Received - Commissions Paid Maximum Loss = Unlimited Maximum Loss = Unlimited Loss Occurs When Price of Underlying > Strike Price of Short Call + Premium Received Floor; Long stock Long put Maximum Profit = Unlimited Profit Achieved When Price of Underlying > Purchase Price of Underlying + Premium Paid Max Loss = Premium Paid + Commissions Paid Max Loss Occu
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