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Intro An investor purchased 200 Intel put options for $2.7 each in June, with an expiration date in September and a strike price of $133.

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Intro An investor purchased 200 Intel put options for $2.7 each in June, with an expiration date in September and a strike price of $133. Part 1 Attempt 4/10 for 10 pts. What is the maximum profit the investor can make (in $)? + decimals Submit Part 2 - Attempt 1/10 for 10 pts. At what stock price on the expiration date does the investor break even? 130.30 Correct A the breakeven price, the profit is zero: Profit = = Number of options (Payoff Premium) =0 # Payoff=Premium # X ST Premium #St = X Premium = 133 2.7 = 130.3

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