Question
A speculator sold 350 Put options on a stock with and exercise price of $150 and 400 Call options with an exercise price of $130.when
A speculator sold 350 Put options on a stock with and exercise price of $150 and 400 Call options with an exercise price of $130.when the stock price was $120. The price of each Put option was $3. The price of each Call option was $2.50. The options were exercised when the stock price was $132. What is the speculators gain/loss?
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
