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Robert writes a put option on Cisco shares. The details are Exercise price = $180, Expiration=30th June 2020, Current Option Premium = $9. Assume this

Robert writes a put option on Cisco shares. The details are Exercise price = $180,

Expiration=30th June 2020, Current Option Premium = $9. Assume this is an American

Option. On 1st of May, if the Cisco shares are trading at $155, calculate the profit or

loss for Robert on his options position.

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Roberts Profit or Loss on the Put Option Since this is an American Option meaning it can be exercised early we need to consider two scenarios Scenario ... blur-text-image

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