Question: Suppose you write one IBM put option with exercise price of $130. Option premium is $7. What is your net profit from the trade if
Suppose you write one IBM put option with exercise price of $130. Option premium is $7. What is your net profit from the trade if IBM trades at $145 on the expiration date? Assume that one option contract pertains to one share of stock. a) $7 (loss of $7 ) b) $8 c) $7 d) $0
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