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You write a put with a strike price of $65 on stock that you have shorted at $65 (this is a covered put). What are
You write a put with a strike price of $65 on stock that you have shorted at $65 (this is a covered put). What are the expiration date profits to this position for stock prices of $55, $60, $65, $70, and $75 if the put premium is $2.60? (A negative value 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.)
Stock price Short profit Put payoff Put profit Net profit $ 55.00 $ 60.00 $ 65.00 $ 70.00 $ 75.00
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