Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 04, 2024

You bought put options on 1,000 shares of Amazon with a strike of $78 for $4. The current spot price is $45. If the options

You bought put options on 1,000 shares of Amazon with a strike of $78 for $4. The current spot price is $45. If the options expire today, your total profits/losses would be ? [note: losses are a negative number]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations Of Personal Finance

Authors: Sally R. Campbell, Robert L. Dansby

9th Edition

1619603578, 9781619603578

More Books

Students also viewed these Finance questions

Question

★★★★★

Purpose: To learn about the functions of the Securities and Exchange Commission (SEC). Instructions Use the information in this site to answer the following questions. (a) What event spurred the...

Answered: 1 week ago

Question

★★★★★

16-5: What is the main premise of therapy based on operant conditioning principles, and what are the views of its proponents and critics?

Answered: 1 week ago

Question

★★★★★

Explain the underlying principles and capabilities of groupware, such as group support systems (GSS)

Answered: 1 week ago

Question

★★★★★

A factory manufactures jelly. The jars of jelly are packed six to a box, and the boxes are sold to grocery stores. The following types of cost were incurred: Jars Sugar Fruit Pectin (thickener used...

Answered: 1 week ago

Question

★★★★★

You bought put options on 1,000 shares of Amazon with a strike of $78 for $4. The current spot price is $45. If the options expire today, your total profits/losses would be ? [note: losses are a...

Answered: 1 week ago

Question

★★★★★

What is the distinction between management and membership of a company? How are their roles and powers different? Explain with the help of Corporations Act 2001 (Cth) and relevant case laws

Answered: 1 week ago

Question

★★★★★

Question Microsoft is going to sell a Student version of Office (excluding. Microsoft is going to sell a Student version of Office (excluding Access and Outlook) and a full version of Office. Assume...

Answered: 1 week ago

Question

★★★★★

A polished round shaft (6 mm dia.) is rotating and under a bending load. There is no torsion on this section of the shaft. It is initially under a fully reversed bending stress of 500 MPa. After...

Answered: 1 week ago

Question

★★★★★

4) In the past few years, the New Brandeis movement has prominence in US legal, economic and political thought. a) Briefly describe the emergence of the Chicago school with a particular focus on the...

Answered: 1 week ago

Question

★★★★★

In a demonstration a student drops a neutral polystyrene sphere toward the top of the dome of a negatively charged Vann de Graaff generator. The polystyrene sphere is coated with an electrically...

Answered: 1 week ago

Question

★★★★★

Construct a Decision Tree for a Process Specification Tom is reviewing the process for his firm's expense reimbursement policies with the new salesperson, Mary. "Our reimbursement policies depend on...

Answered: 1 week ago

Previous Question Next Question