Question
You own 7,500 shares of GO stock which is currently valued at $47 a share. The $50 put has a premium of $2.50 and a
You own 7,500 shares of GO stock which is currently valued at $47 a share. The $50 put has a premium of $2.50 and a put delta of -.60. What position should you take in $50 put contracts to hedge your stock against a $1 decrease in price?
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
