Currently, the best bid on July puts, strike price $665, on Apple common stocks is $130.66 while
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Question:
What does the bid-ask spread cost you in total when you open a long position in 10 of these put options?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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