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Currently, the best bid on December puts, strike price $1145, on Apple common stocks is $3.65 while the best ask is $3.80. Quotes are per
Currently, the best bid on December puts, strike price $1145, on Apple common stocks is $3.65 while the best ask is $3.80. Quotes are per share. What does the bid-ask spread cost you in total when you open a long position in 10 of these put options? The underlying asset is 100 shares per contract. (Answer is $75)
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