Bluefish has a put option that trades with a strike price of $65. The put option premium is $8. Determine the profit/loss on WRITING one Bluefish put option if at the option's expiration the stock price is $50.
Bluefish has a put option that trades with a strike price of $60. The put option premium is $8. Determine the profit/loss on one Bluefish put option if at the option's expiration the stock price is $57.
Kingfish has call options trading with a strike price of $74 and a premium of $9. Determine the profit/loss to the WRITER of the call option if at the time of expiration the stock price is $62.
Consider a call option on BMI Corp. with a strike price of $105 and a premium of $2.35. What is the profit or loss on the call just prior to expiration if the stock price is $108?