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Suppose you own a put option that gives you the right to sell 200 shares of Google to another investor for $650 per share anytime
Suppose you own a put option that gives you the right to sell 200 shares of Google to another investor for $650 per share anytime during the next 3 months. Google's stock currently sells for $611 per share. What would be your gain or loss if you bought the stock at $611 and then exercised the put option? Please start answer with $. Is it a gain or loss? Should you exercise the put option and sell the stock to the option writer if the stock price stays at $611? NOW, suppose Google's stock price is at $670. What would be your gain or loss if you bought the stock at $670 and then exercised the option? Please start your answer with $. Is it a gain or loss? Should you exercise the put option and sell the stock to the option writer if the stock price is at $670
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