Question: You purchase one Microsoft June 74 put contract for a premium of $2.37. What is your maximum possible profit? Microsoft (MSFTprice $71.75 Underlying stock Potential

You purchase one Microsoft June 74 put contract for a premium

You purchase one Microsoft June 74 put contract for a premium of $2.37. What is your maximum possible profit? Microsoft (MSFTprice $71.75 Underlying stock Potential profit ExpirationStrike all Put 2.02 0.24 0.67 0.90 37 June 16, 2017 70 June 16, 201772 June 16, 2017 74 1.15 0.42 July 7.2017 7. 2017 72 74 1.32 2.59

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