Question
Assume that you purchased shares of a stock at a price of $35 per share. At this time you purchased a put option with a
Assume that you purchased shares of a stock at a price of $35 per share. At this time you purchased a put option with a $35 strike price for $3. The stock currently trades at $40. Calculate the dollar return on this option strategy.
- A. $3
- B. -$2
- C. $2
- D. -$3
- E. $0
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Shape Up Your Finances
Authors: Ian Birt
2nd Edition
1925716422, 978-1925716429
