Question
A trader writes five naked put option contracts, with each contract being on 100 shares. The option price is $7, the time to maturity is
A trader writes five naked put option contracts, with each contract being on 100 shares.
The option price is $7, the time to maturity is three months, and the strike price is $58.
What is the margin requirement if the stock price is $65?
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
