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You have bought 700 shares at 10 EUR. You have sold 7 call options with a strike price of 12,00 on share ABC for a premium of 0,50 cents and at the day of expiration share, ABC has a price of 14,00.
What will happen with your shares?
You have sold 7 call options with a strike price of 12,00 on share ABC for a premium of 0,50 cents and at the day of expiration share ABC has a price of 14,00. Additional note you bought the shares for 10,00.
What will be your profit?