What are put options worth and net profit


Put Option Payoffs Suppose you purchase eight put contracts on Testaburger Co. The strike price is $30, and the premium is $3. If, at expiration, the stock is selling for $20 per share, what are your put options worth? What is your net profit?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What are put options worth and net profit
Reference No:- TGS0557418

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)