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A put option on Netflix stock with an expiration date of January 20, 2021 has a strike price of $510. The current stock price of
A put option on Netflix stock with an expiration date of January 20, 2021 has a strike price of $510. The current stock price of Netflix is $490. The option premium is $10. If I sell this option today, which of the following statements is true?
I purchase 1 Netflix share at a price of $510 today.
I sell 1 Netflix share at a price of $510 today.
I purchase 1 Netflix share at a price of $490 today.
I receive $10 from the option buyer today.
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