You buy a put option to sell stock at $35. The price of the stock is $34
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Question:
You buy a put option to sell stock at $35. The price of the stock is $34 when you bought it, and the price paid for the put is $2.
What is the percentage return from purchasing the put if at the expiration of the put the price of the stock is $31?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: