You purchased a put with a strike price of $37.5 and an option premium of $0.45.You simultaneously bought the stock at a price of $36 a share.What is your profit per share on these transactions if the stock price at expiration is $33.50?
A) -$1.15
B) -$0.15
C) $0.15
D) $0.75
E) $1.05
Correct Answer:
Verified
Q85: Jenny purchased 2 put option contracts on
Q86: A European call has a strike price
Q87: A 4-month call has a strike price
Q88: You own 200 shares of Delta stock
Q89: A call option with 1 month to
Q91: A 4-month,$25 call option on Teller stock
Q92: What is the total option premium you
Q93: A call option with 6 months to
Q94: A European 3-month call has a strike
Q95: A 3-month put has a strike price
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