Use the Selected Option Quotations for Proctor & Gamble (P&G…

Use the Selected Option Quotations for Proctor & Gamble (P&G) when responding to this question. Suppose you bought the January X=65 Call contract on November 9. If you closed out your position by selling the same contract on November 29, your percentage rate of return on your initial investment would be closest to (ignore transactions costs):

Use the Selected Option Quotations for Proctor & Gamble (P&G…

Use the Selected Option Quotations for Proctor & Gamble (P&G) when responding to this question. It is November 9 and you own 100 shares of P&G’s common stock. You decide to write a covered call using the January X=65 call option. Select the statement(s) that is (are) true. (Ignore transactions costs.)