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 130 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!


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library