Question: You write a put with a strike price of $60 on stock that you have shorted at $60 (this is a covered put). What are
You write a put with a strike price of $60 on stock that you have shorted at $60 (this is a "covered put"). What are the expiration date profits to this position for stock prices of $50, $55, $60, $65, and $70 if the put premium is $3.90?
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