Question
22) You own 100 shares of AMZN which is priced at $1,684. You want to prevent the value of this position from falling under $1,600.
22) You own 100 shares of AMZN which is priced at $1,684. You want to prevent the value of this position from falling under $1,600. What option position with a strike price of $1,600 do you take? A. Buy call option B. Write call option C. Write put option D. Buy put option
23) You own 100 shares of Facebook selling at $134 and you bought a put option contract with a strike price of $125 and a premium of $3. If tomorrow there is another privacy scandal and the stock drop to $110, what will be the value of your position? A. $13,400 B. $12,800 C. $12,500 D. $12,200 E. $11,000
Please give answer and explain
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