Two months ago, you sold a put option on Apple stock with a strike price of $143, which expires today. 1:What is the payoff if the stock price is $157 today? 2:What is the payoff if the stock price is $129 today? Please answer all question and be detailed.

Answer rating: 100% (QA)

To determine the payoff of a put option we need to compare the stock price at expiration to the stri... View the full answer