Buying a Call on a Short Stock Position. Don't be a Dumb Bear! Series 7 Exam Prep

• SIE Exam Prep - PROTEC...
The customer made $600 on the short stock position ($58 to $52) and lost $200 on the call (bought for 3, sold at 1). Overall, the gain is $400.

[@Series7Guru]

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[@daneflanigan]

I had the exact same question.

[@Series7Guru]

Thanks for the confirmation.