Question
You sell 100 put options on Nokia (NOK), January 2025 expiration, $5 strike price, for a premium of $0.70 per share. You hold the option
You sell 100 put options on Nokia (NOK), January 2025 expiration, $5 strike price, for a premium of $0.70 per share. You hold the option until the expiration date, when NOK stock sells for $7 per share. What will be your profit on the investment (total profit, not profit per share)? If you end up with a loss, enter your answer with a negative sign.
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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
