Question
Suppose a put option on XYZ stock has a price (or premium) of $3.00 and a strike price of $52. You decide to long the
Suppose a put option on XYZ stock has a price (or "premium") of $3.00 and a strike price of $52. You decide to long the put option, and suppose that at expiration XYZ stock sells for $56. What is your payoff at expiration and what is your profit?
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
