What is your profit or loss what would be the breakeven


BBY = $51. You hold 200 shares purchased at $48 a few months ago. You're thinking that the stock is going to be stable for the next few months. What kind of contract should you buy/sell?

Say you execute this contract with X = $52 at $3.50 per share. The stock rises to $54 and your position is closed out.

What is your profit or loss? What would be the breakeven price on the stock for this strategy?

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Financial Management: What is your profit or loss what would be the breakeven
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