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You buy a stock for $25.00 and simultaneously buy a 6-month at the money put option on the same stock for $5. If the price
You buy a stock for $25.00 and simultaneously buy a 6-month "at the money" put option on the same stock for $5. If the price of the stock rises to $27.00 by the time the option expires, what is your $ profit or loss on the combined position?
Group of answer choices
$2.00
$0.00
-$5.00
-$1.00
$4.00
-$3.00
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