Question
You sell a put option on one share of stock. The put has a premium of $6 and a strike/exercise price of $97. The stock
You sell a put option on one share of stock. The put has a premium of $6 and a strike/exercise price of $97. The stock currently has a price of $99.30 per share. On the day that the option expires, the stock is selling for $98. What ends up being your net payoff on this position?
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
