Question: You purchase one Microsoft July 70 put contract for a premium of $.58. What is your maximum possible profit File Edit View History Bookmarks Tools

You purchase one Microsoft July 70 put contract for a premium of $.58. What is your maximum possible profit File Edit View History Bookmarks Tools Help Potential profit + >> = Microsoft (MSFT) price = $71.75 Underlying stock Expiration Strike Call Put June 16, 2017 70 2.02 0.24 June 16, 2017 72 0.67 0.90 June 16, 2017 74 0.13 2.37 July 7, 2017 July 7, 2017 July 7. 2017 70 72 74 2.40 1.15 0.42 0.58 1.32 2.59
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
