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Walmart is currently trading at $166.42 per share. You expect the price of the stock to fall, so you purchase 5 put options at a

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Walmart is currently trading at $166.42 per share. You expect the price of the stock to fall, so you purchase 5 put options at a premium of $5.75 ( $575 per option contract), at a strike price of \$162. What price does the stock need to reach in order to break even? If, at time of expiration, the stock is trading at $147.50 per share, will you exercise your option? What is your total profitloss in this scenario? If, at the time of expiration, the stock is trading at $158.96 per share, will you exercise your option? What is your total profit/loss in this scenario

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