A year ago, you bought at the money Apple puts with a strike price of $70. You

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A year ago, you bought at the money Apple puts with a strike price of $70. You paid $2000 per contract.

Apple is currently at $135 and the options are at the maturity date.

What is your return on the option?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Mar 04, 2023 01:27 AM

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A year ago, you bought at the money Apple puts with a strike price of $70. You

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Strike price 70 Price on expiry 135 Payoff Price on expi... View the full answer

Income Tax Fundamentals 2013

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