Question
You are short a $100 put on 100 shares of Exxon Mobil with a premium of $4.98/share. When the option expires Exxon Mobil is trading
You are short a $100 put on 100 shares of Exxon Mobil with a premium of $4.98/share. When the option expires Exxon Mobil is trading at $99.35.
The premium (paid) collected on this option is $ ________-
The intrinsic value of this option is $ ___________
The profit (loss) on this option is $ ________
The breakeven price on this option is $ _______
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Foundations In Personal Finance
Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
