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You write a put with a strike price of $45 on stock that you have shorted at $45 (this is a covered put). What are
You write a put with a strike price of $45 on stock that you have shorted at $45 (this is a covered put). What are the expiration date profits to this position for stock prices of $35, $40, $45, $50, and $55 if the put premium is $2.20? (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "$" sign in your response.)
Stock Price | Short Profit | Short Put Payoff | Short Put Profit | Net Profit | ||||
$35.00 | $ | $ | $ | $ | ||||
$40.00 | $ | $ | $ | $ | ||||
$45.00 | $ | $ | $ | $ | ||||
$50.00 | $ | $ | $ | $ | ||||
$55.00 | $ | $ | $ | $ | ||||
(The previous response to this question is incorrect) |
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