Citigroup sells a call option on Euros (contract size is €500,000) with a premium of $0.04 per euro. If the exercise price is $0.71 and the spot price at maturity date is $0.73, What is Citigroup's profit (loss) on the call option
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Home » Business » Citigroup sells a call option on Euros (contract size is €500,000) with a premium of $0.04 per euro. If the exercise price is $0.71 and the spot price at maturity date is $0.73, What is Citigroup's profit (loss) on the call option