Halp

Earre E Exih

A stock Is trading at $$67.$ You belleve there is a $70\%$ chance the price of the stock will increase by $10\%$ over the next $3$ months. You belleve there is a $20\%$ chance the stock will drop by $10\%,$ and you think there is only a $10\%$ chance of a major drop in price of $20\%.$ At$-$the$-$money $3-$month puts are avallable at a cost of $$820$ per contract. What is the expected dollar proft for a writher of a naked put at the end of $3$ months?

Mutipie Cholce

$$0$

$$552$

$$520$

$$560$