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You have purchased a put option on Kimberly Clark common stock. The option has an exercise price of $66 and Kimberly Clark's stock currently trades
You have purchased a put option on Kimberly Clark common stock. The option has an exercise price of $66 and Kimberly Clark's stock currently trades at $67.18 The option premium is $1.26 per contract. Assume that 100 shares are traded. Calculate your net profit on the option if Kimberly Clark's stock price falls to $64 and you exercise the option (Negative amount should be indicated by a minus sign. Do not round intermediate calculations.) Net profit $ Calculate your net profit on the option if Kimberly Clark's stock price does not change over the life of the option (Negative amount should be indicated by a minus sign.) Net profit $
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