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urgent You have written a put option on Diebold Incorporated common stock. The option has an exercise price of $43 and Diebolds stock currently trades
urgent
You have written a put option on Diebold Incorporated common stock. The option has an exercise price of $43 and Diebolds stock currently trades at $45.50. The option premium is $0.80 per contract. a. What is your net profit if Diebolds stock price increases to $47 and stays there until the option expires? b. What is your net profit on the option if Diebolds stock price decreases to $40 at the expiration of the option and the option holder exercises the option?
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