Question: I want paper based answer.... please quickly Suppose you bought 29 put option contracts with a strike price of $48.58. The option premium is $2.8

I want paper based answer.... please quickly

I want paper based answer.... please quickly Suppose you bought 29 put

Suppose you bought 29 put option contracts with a strike price of $48.58. The option premium is $2.8 per contract. Just before the option expires, the stock is selling for $46. What is your net profit (or loss)? Ignore commissions. (Assume each option contract is based on 100 shares of stock) (Note: Please retain at least 4 decimal places in your calculations and 2 decimal places in the final answer) The net profit (or loss) is $

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