Suppose that you buy a share of stock for 28 dollars, you sell one call for 2 dollars, and you buy three puts for 7 dollars each. Assume that all the options have a strike price of 46 dollars, and the same expiration date. If the stock price on the expiration date is 41 dollars, what is your total profit?

Answer rating: 100% (QA)

Calculating your total profit Heres a breakdown of your profitloss for each compo... View the full answer