Kim Lee purchased 6 put option contracts on Eastern Imports stock at a strike price of $47.50. The option premium was $.65. At expiration, the stock was valued at $44.90 a share. What is her percentage return?
A) −100.00%
B) 0%
C) 5.47%
D) 32.82%
E) 300.00%
Correct Answer:
Verified
Q61: You own 2 SPX call options with
Q62: Rosalita purchased a put option with a
Q63: You purchased 7 put option contracts on
Q64: You purchased 1 SPX call option with
Q65: Jeff paid a call premium of $.60
Q67: You purchased a call option with a
Q68: Jasmine purchased one call option with a
Q69: You purchased 1 SPX put option with
Q70: Callie purchased 3 call options with a
Q71: You own 10 put option contracts on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents