Question: You are analyzing a potential put option trade on Hedwig Corp. Lets say your research has led you to believe that the stock will be

You are analyzing a potential put option trade on Hedwig Corp. Lets say your research has led you to believe that the stock will be worth $25 per share in two months (its currently $50). You have $9,000 to trade on your research, and the put options you are considering are shown below:

Strike Price Bid Price Ask Price
$45 $8.67 $8.91
$30 $0.12 $0.15

How much money will you have if you buy the $45 strike price put option? What about put options with a $30 strike price?

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