Kyle sold a one-month European $25 call and a one-month European $25 put on Janssen stock. The call price per share is $.70 and the put price per share is $1.80. What will be the net profit on these option positions if the stock price is $23 on the day the options expire? Ignore trading costs and taxes.

Answer rating: 100% (QA)

To calculate the net profit on the option positions we need to consider ... View the full answer