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Rosa acquired 9 put option contracts on Imports United stock. The strike price was $42.50 and the option premium was $0.58. At expiration, Imports stock
Rosa acquired 9 put option contracts on Imports United stock. The strike price was $42.50 and the option premium was $0.58. At expiration, Imports stock was selling for $49.15. What is the payoff on the option contracts? Answer should be formatted as a number with 2 decimal places (e.g. 99.99). Question 5 1 pts You purchase 1,000 shares of Whitby Industries stock for $50.43. You write 10 call option contracts with a strike price of $65 and an option premium of $1.95. At expiration, the stock price is $63.88. What is your total profit or loss in dollars for the stock and option position? Answer should be formatted as a number with 2 decimal places (e.g. 99.99)
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