Financial position in the course of the month

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Suppose that you own 100 shares of Ford Motor Company stock, which is currently selling for $20 per share. You sell someone the right to purchase your shares for $22 (a covered call). This right will cost the call buyer $1 per share, and the right is good for the next month. A month later, the shares are still selling for $20. What happened to your financial position in the course of the month (i.e., the value of your stock plus any other investment-related income)?

Reference no: EM132444372

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