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Sagot :
The premium on one Boring November 52 call contract is $2130
What is stock price?
The stock price is the price that a share of stock is presently trading for on the market. A price that, ideally, corresponds to the value of the company itself is allocated to each share of a publicly listed company when it is issued. The supply and demand for shares, which are driven by investors looking to purchase or sell shares, affect stock prices. Despite the fact that these transactions affect stock values, it is impossible to forecast how they will change.
call option premium = call price = 21.30
contract size = 100
total premium on call contract = call price * contract lot
= 21.30*100
= $2130
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