Jerry buys a call option on the euro darla writes the call, Financial Management

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Jerry buys a call option on the euro darla writes the call

Jerry buys a call option on the Euro. Darla writes the call option that Jerry buys. The strike price is $1.33/€ and the premium is $.04/€. What is the breakeven ST for Jerry and Darla?

$1.37/€ for Jerry, $1.33/€ for Darla

$1.37/€ for Jerry, $1.29/€ for Darla

$1.33/€ for Jerry, $1.29/€ for Darla

$1.37/€ for Jerry, $1.37/€ for Darla

$1.29/€ for Jerry, $1.37/€ for Darla

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Financial Management: Jerry buys a call option on the euro darla writes the call

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Financial Management: Jerry buys a call option on the euro darla writes the call

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