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Can you please explain what is going on here? I don't understand this at all: You write one JNJ February 70 put for a premium
Can you please explain what is going on here? I don't understand this at all:
You write one JNJ February 70 put for a premium of $5. Ignoring transactions costs, what is the break-even price of this position? A. $65 B. $75 C. $5 D. $70
+$70 - $5 = $65.
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