Answer:
Explanation:
Profit on a long call option = max(St - X, 0) - premium paid
Profit on a long call option = max(29 - 27, 0) - 1.1
Profit on a long call option = max(2, 0) - 1.1
Profit on a long call option = 2 - 1.1
Profit on a long call option = 0.9 per share
Total profit on the long call option = 0.9 * 100 shares per contract * 3 contracts = 0.9 * 100 * 3 = $270
Net profit on this investment = 270 - 10
Net profit on this investment = $260
C) Moves
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Answer: Operational level manager
Explanation:
An operational level manager is someone who is on the bottom rung of management. The person in the operational level manager position is someone who has the responsibility of supervising employees. It is also your responsibility to be aware of the daily operations that may directly affect the external customers of the organization or company. The operational level manager has a great responsibility since his role is crucial for the success of the company.
Other functions of the operational level manager are related to leadership, planning, and control of everything in the company. You must ensure that the work of employees is in line with the objectives of the company, so leadership is essential. They are also in charge of evaluating the personnel and that they keep fulfilling their functions.
