Series 4 Practice Questions - Registered Options Principal Qualification Examination Exam

Access More Questions

A customer owns 100 shares of XYZ stock at $50 per share and writes a covered call with a strike price of $55. What is the maximum profit potential on this position?

Unlimited $$500 (the premium received) $$500 plus the premium received $$1,000 plus the premium received

Correct Answer:

$$500 plus the premium received

Access more questions from this quiz

Continue to Series 4 Practice Questions - Registered Options Principal Qualification Examination Exam for more practice questions and the full quiz experience.

Access More Questions