Can you help me understand this Business question?
A. Draw a profit/loss chart representing a long call (i.e. from the perspective of someone buying a call option). Here are the following details:
Company: Microsoft [MSFT]
Todays Date: 4.1.19
Current Share Price: $120
Strike: $150
Premium: $15
Exercise Date: 1.1.20
B. Calculate the breakeven point and label it on your chart.
C. What is this investors position value today?
D. Would this investor be considered bullish or bearish? (Meaning, do they want the underlying stock price to go up or down?)
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