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Show your work: In options, the price per share at expiration is $28. All calls and puts are lots of 100 shares. Prices and premiums
Show your work: In options, the price per share at expiration is $28. All calls and puts are lots of 100 shares. Prices and premiums are per share. Your total profit was $100 for this transaction.
What was your position?
Position = ?
Strike Price = $33
Premium paid: $4.00
Profit = $100
a) Long Call
b) Long Put
c) Short Call
d) Short Put
e) Long Short
f) Put Call
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