Question
You have a protective put ( own one share of stock, and one put option on this stock). Put option strike price is $60 If
You have a protective put ( own one share of stock, and one put option on this stock).
Put option strike price is $60
If stock price finishes at $45, what is your raw payoff ( without deducting your cost)?
a. $45
b. $60
c. $0
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
5th Edition
0324305508, 9780324305500
