Question
You sell one IBM March 120 put contract for a put premium of $10. The maximum profit that you could gain from this strategy is
You sell one IBM March 120 put contract for a put premium of $10. The maximum profit that you could gain from this strategy is _________.
A.$120
B.$1,000
C.$11,000
D.$12,000
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
