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this is all given Option & stock strategy. An investor sells 500 shares of IBM at $66/ share and buys a matching number of puts

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this is all given
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Option \& stock strategy. An investor sells 500 shares of IBM at $66/ share and buys a matching number of puts with a strike price of $55 for $4. The positions are closed when the stock is at $60. The gross gain on the transactions is: s Round your answer to the nearest dollar Option \& stock strategy. An investor sells 500 shares of IBM at $66/ share and buys a matching number of puts with a strike price of $55 for $4. The positions are closed when the stock is at $60. The gross gain on the transactions is: 5 Round your answer to the nearest dollar

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