Question
Joe purchases a put option with strike price of $2700 on Amazon on 4/15/2020 for $400. The expiration date is 5/29/2020. Suppose the Amazon share
Joe purchases a put option with strike price of $2700 on Amazon on 4/15/2020 for $400. The expiration date is 5/29/2020. Suppose the Amazon share price is $2200 on 5/29/2020. What is Joes profit from this investment?
a. 500
b. 900
c. 100
d. -100
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Day Trading For Beginners
Authors: Brittany D. Chapman
1st Edition
979-8391458920
