Question

You sell a naked short of at-the-money call options on 1000 shares of AAPL. AAPL is trading at $94/share. You receive $1.50/share for a total of $1,500. How much margin will you have to post in your account?

Name: 1 you sell a naked short of at the money call options on 1000 shares of aapl aapl is trading at 94share you receive 150share for a total of 1500 how much margin will you have to post in your 27985
Uploaded: 2022-06-04T19:04:56-08:00
Duration: 2 min 22 s
Channel: Dr. C D
Description: 1 you sell a naked short of at the money call options on 1000 shares of aapl aapl is trading at 94share you receive 150share for a total of 1500 how much margin will you have to post in your 27985

          You sell a naked short of at-the-money call options on 1000 shares of AAPL. AAPL is trading at $94/share. You receive $1.50/share for a total of $1,500. How much margin will you have to post in your account?

Added by Keith D.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Dr. C D

06/04/2022

Step 1

Given that we sold 1000 shares of AAPL at $94 per share and received $1.50 per share, the total value of the short sale proceeds is: $1.50/share * 1000 shares = $1500 Show more…

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You sell a naked short of at-the-money call options on 1000 shares of AAPL. AAPL is trading at $94/share. You receive $1.50/share for a total of $1,500. How much margin will you have to post in your account?