Question: Please assist. I Will upvote if accurate. Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You sold two contracts of the $100

Please assist. I Will upvote if accurate. Reference the options chain forPlease assist. I Will upvote if accurate.

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.) CAT Option Chain Month: Nov 2020 Calls Puts Last Change Bid Ask Volume Open Int. Strike Last Change Bid Ask Volume Open Int. 12.40 14.80 15.45 -- 32 -0.27 100.00 10.70 10.55 1 10.90 12 426 11.75 -- 12.05 12.65 -- 154 105.00 13.00 -0.65 12.85 13.25 28 403 10.05 +0.74 9.75 10.10 10 211 110.00 15.54 . 15.50 15.95 308 7.70 +1.70 7.70 8.10 2 622 115.00 18.64 -- 18.40 18.95 -- 292 Expires 11/20/2020 Last Trade: $105.41 (as of May 15, 2020 11:06)

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