Question
You purchase February AMZN puts with a strike of $1,700 for $300. If at expiration AMZN trades at $1,600... A) You make $100 B) You
You purchase February AMZN puts with a strike of $1,700 for $300. If at expiration AMZN trades at $1,600... A) You make $100
B) You lose $200 per share
C) The option expires worthless
D) You make $200 per share Explain your answer.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
