Question
You purchased one SPX (S&P 500 index) put option with a strike of 3,500. You wrote one SPX put option with the same maturity date
You purchased one SPX (S&P 500 index) put option with a strike of 3,500. You wrote one SPX put option with the same maturity date and a strike of 3,600. At maturity, what is your total payoff if the S&P 500 index is 3,580? The contract size for SPX options is $100 times the S&P 500 index.
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Finance
Authors: Ehsan Nikbakht, A A Groppelli
6th Edition
0764147595, 9780764147593
