Each share in your contract is now worth $20 more than your strike price ($420 - $400).
Your contract is now worth $2,000 ($20 x 100 shares). how to buy calls
Theoretically unlimited if the stock price skyrockets. The "Aha!" Moment: Leverage in Action Each share in your contract is now worth
Check out these guides to see these concepts in action and avoid common beginner traps: you’ve made a $1
After subtracting your initial $600 investment, you’ve made a $1,400 profit .