Draw a contingency graph for sarah

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The market price for Apple Inc., (Ticker: AAPL) was $530.90 when Sarah bought a call option today. The call premium is $57 and the exercise price is $600. The option will be expired on January 22nd, 2021.

-Draw a contingency graph for Sarah

-What is the break-even point for Sarah

-What are Sarah's maximum profit and maximum loss

-Show the profit/loss for Sarah if, at the expiration date, the Apple price is 1. 550 2. 620, and 3. 700

Reference no: EM132673132

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