Question
James purchased 2 put option contracts on MJF stock. The option premium was $.80 and the strike price was $37.50. On the expiration date, the
James purchased 2 put option contracts on MJF stock. The option premium was $.80 and the strike price was $37.50. On the expiration date, the stock was selling for $38.00 a share. What is the total payoff on the option contracts?
| A) $100 | ||
| B) $50 | ||
| C) $0 | ||
| D) $50 |
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Passive Income Stacking Handbook How To Reach Financial Freedom Faster Regardless Of Your Age Or Situation
Authors: Mark Walters
1st Edition
0578530171, 978-0578530178
