Question: ???????Please help me, is this correct? Will provide 5 starrating Suppose you purchase twelve put contracts on Testaburger ( mathrm{Co} ). The strike price is

???????Please help me, is this correct? Will provide 5 starrating Suppose you purchase twelve put contracts on Testaburger \( \mathrm{Co} \). The strike price is \( \$ 40 \) and the premium is \( \$ 2.60 \). If, at expiration, the stock is selling for \( \$ 33 \) pe 2 answers

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