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The stock price of BAC is currently $150 and a put option with strike price of $150 is $10. A trader goes long 300 shares
The stock price of BAC is currently $150 and a put option with strike price of $150 is $10. A trader goes long 300 shares of BAC stock and long 3 contracts of the put options with strike price of $150.
b. When the stock price is $161 on the expiration, what is the trader's net profit?
b. When the stock price is $161 on the expiration, what is the trader's net profit?
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a To determine the maximum potential loss for the trader we need to consider the combined loss from ...
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
