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Suppose you believe that Apple's stock price is going to decline from its current level of $ 8 3 . 6 6 sometime during the
Suppose you believe that Apple's stock price is going to decline from its current level of $ sometime during the next months. For $ you could buy a month put option giving you the right to sell shares at a price of $ per share. If you bought a share contract for $ and Apple's stock price actually changed to $ at the end of months, and after behaving economically rationally on your decision to exercise the option, your net profit or loss would be Show your answer to the nearest Do not use $ or signs in your answer. However, use a sign if you lose money on the contract.
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