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Currently, the best bid on July puts, strike price $665, on Apple common stocks is $130.66 while the best ask is $134.94. Quotes are per
Currently, the best bid on July puts, strike price $665, on Apple common stocks is $130.66 while the best ask is $134.94. Quotes are per share. The underlying asset is 100 shares per contract.
What does the bid-ask spread cost you in total when you open a long position in 10 of these put options?
What does the bid-ask spread cost you in total when you open a long position in 10 of these put options?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
