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Author Question: Refer to the table of ENCOM stock option prices provided above. You purchase the $490 Call option on ... (Read 384 times)

kellyjaisingh

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Refer to the table of ENCOM stock option prices provided above. You purchase the $490 Call option on ENCOM Inc. shares today. How high must the price of ENCOM's shares rise in order for you to break even and earn $0 of profit on the call option?
◦ $483.50
◦ $490.00
◦ $496.50
◦ $509.70


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Marked as best answer by kellyjaisingh on Apr 25, 2021

scikid

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kellyjaisingh

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it


coreycathey

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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