You purchased a stock and a put option on the stock with an exercise prices of $40 a share.What will be the value of your position when the option expires if the stock price is $28 a share?
A) $40
B) $28
C) $12
D) $32

Name: You purchased a stock and a put option on the stock with an exercise prices of $40 a share.What will be the value of your position when the option expires if the stock price is $28 a share? A) $40 B) $28 C) $12 D) $32
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Question

Quizplus · Accepted Answer

Stock value = $28: put position = $12

You Purchased a Stock and a Put Option on the Stock