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Check my work You own 200 shares of Delta stock, which is currently worth $33 a share. You just paid an option premium of $.55
Check my work You own 200 shares of Delta stock, which is currently worth $33 a share. You just paid an option premium of $.55 to buy two put contracts on this stock with a strike price of $30. What is the maximum loss per share you are avoiding by purchasing the option contract?
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