You buy 10 SPX put options with a strike price of 920 at a quoted price of

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You buy 10 SPX put options with a strike price of 920 at a quoted price of $$8.$ The contract size for SPX options is 100 times the S&P 500 index. At option expiration, the S&P 500 is at 910. What is your net profit on the transaction?

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Fundamentals Of Investments

ISBN: 9780072829198

3rd Edition

Authors: Charles J. Corrado

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Question Posted: May 29, 2024 08:02 AM

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You buy 10 SPX put options with a strike price of 920 at a quoted price of

Question:

a. $200 b. $1,000 C. $2,000 d. $10,000

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Fundamentals Of Investments

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