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Author Question: Roselle paid $250 to buy one put option with a strike price of $35. What is the maximum profit ... (Read 70 times)

llesku

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Question 1

Kyle believes the price of Ajax stock is about to decrease. If he wants to profit from the decline in price, he should ________ on Ajax stock.
◦ buy a call
◦ write a put
◦ buy a put
◦ sell a put

Question 2

Roselle paid $250 to buy one put option with a strike price of $35. What is the maximum profit Roselle can earn on her option contract?
◦ $100
◦ $350
◦ $3,250
◦ Her profit potential is unlimited.


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Marked as best answer by llesku on Mar 29, 2022

xinyifff

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llesku

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Reply 2 on: Mar 29, 2022
Excellent


ryansturges

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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