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Suppose you believe that Florio Company's stock price is going to decine from its current level of 3200.50 sometime during the next 5 months. For
Suppose you believe that Florio Company's stock price is going to decine from its current level of 3200.50 sometime during the next 5 months. For 510.10 you cauld buy a 5. month put option giving you the right to sell 1 share at a price of $185 per share. If you bought this option for $10.10 and Florio's stock price actualy dropped to $191.60. What are your net profit and net price
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