Series 7 - General Securities Representative Exam
Training Mode
A trader just closed out a short straddle position for a profit of 8.00. His total premium collected was 12.00 and he bought the straddle back at 4.00 to close the position. How much did he sell the straddle for?
Not Enough Data To Calculate
A
$800
B
$1,200
C
$2,400
D