Question: ) Consider a March 21 Put option contract on EE Co. with an exercise price of $150 and a premium of $7.40. If on the

  1. ) Consider a March 21 Put option contract on EE Co. with an exercise price of $150 and a premium of $7.40.
    1. If on the third Friday of March (the expiration date) the price of EE is as follows, fill in the chart below as it relates to the writer of the contract.

Price in Sept Value of Option Contract Profit/Loss for writer

$130 ______________ _______________

$145 ______________ _______________

$155 ______________ _______________

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