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    Paulshinhanyeoh's Avatar
    Paulshinhanyeoh Posts: 1, Reputation: 1
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    Nov 26, 2010, 10:03 PM
    Question on buying a call option
    Buy 100 shares at $100. Buy 70 call option for $8 to protect the share price going up. If the stock price increased to $120, what would be my overall gain/loss?

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