This topic contains a solution. Click here to go to the answer

Author Question: It is December 16th, and the table above shows prices of put options on shares of Dunder-Mifflin ... (Read 235 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540



It is December 16th, and the table above shows prices of put options on shares of Dunder-Mifflin Paper. Last month you bought a March put with a strike price of $21.00. You paid a premium of $0.5 per share. Shares of Dunder-Mifflin are currently trading for $18.50. Because of bad news announced yesterday, you think that today is the lowest level that the stock will reach before the option expires in March. As a result, you want to close your position and take your profit. What is the profit of your long put position? (Calculate your profit for a whole contract on 100 shares.)
◦ $200
◦ $250
◦ $300
◦ $350


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by brutforce on Apr 25, 2021

joewallace

  • Sr. Member
  • ****
  • Posts: 337
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




brutforce

  • Member
  • Posts: 540
Reply 2 on: Apr 25, 2021
Gracias!


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library