Problem 13 Intro An investor purchased 200 Intel put options for $1.83 each in June, with an expiration date in September and a strike price of $140. Part 1 Attempt 3/3 for 0 pts. What is the maximum profit the investor can make (in %)? 138.17 Incorrect The maximum profit from a put option occurs when the stock price goes down to zero: Maximum payoff = X - Sr = 140 - 0= 140 Maximum profit = Number of options - (Payoff - Premium) = 200. (140 - 1.83) = 27,634 Attempt 2/3 for 10 pts. Part 2 At what stock price on the expiration date does the investor break even? D+ decimals Previous answers: 3.68 Submit