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Suppose you sell 16 of the August 35 put contracts. d-1. What is your net gain or loss if Macrosoft is selling for $31 at
Suppose you sell 16 of the August 35 put contracts. |
d-1. | What is your net gain or loss if Macrosoft is selling for $31 at expiration? (Enter your answer as a positive value.) |
d-2. | What is your net gain or loss if Macrosoft is selling For $37 at expiration? (Enter your answer as a positive value.) |
d-3. | What is the break-even stock price? (Round your answer to 2 decimal places, e.g., 32.16.) |
Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $33
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