Question
Today you are writing a put option on TSLA stock, which is currently valued at $200 per share. The put option has a strike price
Today you are writing a put option on TSLA stock, which is currently valued at $200 per share. The put option has a strike price of $188, 4 months to expiration, and currently trades at a premium of $6.3 per share.
If at maturity the stock is trading at $157, what is your net profit on this position? Keep in mind that one option covers 100 shares.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
