High Tower stock is selling for $23.16 a share,the $25 puts are priced at $2.05,and the $25 calls are priced at $.36.How much will you receive if you write thirty $25 put option contracts?

Name: High Tower stock is selling for $23.16 a share,the $25 puts are priced at $2.05,and the $25 calls are priced at $.36.How much will you receive if you write thirty $25 put option contracts?
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

Amount to be received = 30 × 100 × $2.05 = $6,150

High Tower Stock Is Selling for $23