Question
The price of a stock is $59. A trader sells 3 put option contracts on the stock with a strike price of $61 with the
The price of a stock is $59. A trader sells 3 put option contracts on the stock with a strike price of $61 with the option price $3. The options are exercised when the stock price is $60. What is the traders net profit or loss?
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Project Financing Asset-Based Financial Engineering
Authors: John D Finnerty
3rd Edition
1118421841, 9781118421840
