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Hypothetical!! I have 50000 csco shares! I want to sell a 27.50...

  1. mrjpl
    62 Posts.
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    09/03/07
    03:26
    Post #: 2256854
    Hypothetical!!
    I have 50000 csco shares! I want to sell a 27.50 April call!! I buy 500 contracts ( 1 contract =100 shares) The price i sell is .45!! How much do i receive?
    Is it .45 times 500 contracts $225 or is it .45 times 50000 shares $ 2250???
    Thankyou!!!
    ASX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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