June Buy $2.50 Calls only Buy $3 shares only Buy $3 share sell $5 calls @0.80
Stock Price Option Value G/L Share Value G/L Share Value G/L
2.5 0 -1500 1250 -250 1700 200
3 500 -1000 1500 0 2040 540
4 1500 0 2000 500 2720 1220
5 2500 1000 2500 1000 3400 1900
6 3500 2000 3000 1500 3400 1900
8 5500 4000 4000 2500 3400 1900
10 7500 6000 5000 3500 3400 1900
15 12500 11000 7500 6000 3400 1900