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You purchased a put with a strike price of $35 and an option premium of $1.65. You simultaneously bought share of the stock at a
You purchased a put with a strike price of $35 and an option premium of $1.65. You simultaneously bought share of the stock at a price of $33 a share. What is your profit per share on these transactions if the stock price at expiration is $32.50? (assume all positions are naked and you dont intend to keep any shares)
$0.15
$0.50
-$0.15
$0.35
-$1.15
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