Question: i need help with this Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You sold two contracts of the $100 strike put.
i need help with this 
Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You sold two contracts of the \$100 strike put. What is your max profit? State your answer in total dollar terms (i.e., total out-of-pocket cost not factoring transaction costs), not contract-level terms. Your answer should be a dollar amount with two decimal places of accuracy. (Note on viewing table below: You may have to use a horizontal scrollbar to see all of the columns in the table below.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
