Question
A trader writes ten naked option contracts, with each contract being on 100 shares. The option price is $16 and the time to maturity is
A trader writes ten naked option contracts, with each contract being on 100 shares. The option price is $16 and the time to maturity is seven months. The underlying index value is $340. What is the margin requirement if the options are index put options with an exercise price of $320?
| A. | $48,000 | |
| B. | $50,000 | |
| C. | $47,000 | |
| D. | $67,000 |
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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
