Question
You have purchased a 17.5 strike put for $1.57 which expires in 48 days and the stock is currently at $18.05 per share. At expiry,
You have purchased a 17.5 strike put for $1.57 which expires in 48 days and the stock is currently at $18.05 per share. At expiry, the stock closes at $16.87. What is your total profit or loss?
A net gain of $157.
A net gain of $63.
A net loss of $63.
A net gain of $94.
A net loss of $94.
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
