Ahmad bought put options on Home Depot with a strike price of $130.The option premium was $2.83.Just before the contract expired, Home Depot stock was at $132.83 per share.Ahmad
A) made a profit of $2.83 per share.
B) lost $2.83 per share because the option would not be exercised.
C) lost $1.66 per share.
D) made a profit of $1.66 per share.
Correct Answer:
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