Business, 26.02.2020 05:14, 19colemankl
A customer buys 100 shares of XYZ stock at $30 per share. The customer then sells 1 XYZ 30 Call contract for a premium of $300. The call contract expires unexercised. After expiration, the customer's cost basis in the XYZ shares is:
A. $2,700
B. $3,000
C. $3,300
D. $6,000
Answers: 1
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