Solved: You take a long position in one xyz october 55 put contract, Finance Basics

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You take a long position in one xyz october 55 put contract

You write one ABC August 85 call contract for a premium of $3.97. The option is held until the expiration date, when ABC stock sells for $88 per share.

What is your total profit on this investment?

You take a long position in one XYZ October 55 put contract for a premium of $1.81. You hold the option until the expiration date, when XYZ stock sells for $55 per share.

What is your profit on this investment on a per share basis?

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Finance Basics: You take a long position in one xyz october 55 put contract

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