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Dancing silently in your chair = appropriate celebration. Jabbing your pencil in the air and yelling "IN YOUR FACE, ETS" = not so much.

Options: Good, Bad, Ugly Drill

  • 1.

    You buy 5 FB 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?