The result for a sum of all interior angles for #N#-sided convex polygon is #N*180^o - 360^o = (N-2)*180^o# In #N#-sided regular polygon all #N# angles are equal, so each is equal to #((N-2)/N)*180^o# For #N=9# this gives a measure of one interior angle of a regular 9-sided polygon: #((9-2)/9)*180^o = 140^o#
The intrinsic, or gross, value of an option is the amount the option is in the money. For example, if you have the option to pay $10 per share for a stock that trades for $15, the option has an intrinsic value of $5 per share.
Although the Maximum loss is higher than the maximum profit, but still both loss and profit in Covered Call Option Position are LIMITED. That's why it is known as the COVERED call, rather than a naked call option.4) Similarly, there is a BREAK EVEN point for Covered Call Option Position.) if the price of the underlying goes below $20, then he will start making a linear loss. The Maximum Loss will be of $20, when the underlying stock price goes to ZERO i.e. the company goes bankrupt. MAXIMUM Loss in a Covered Call Option Position = Buy Price of Stock-Premium Received from Short Call option.