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Question
You purchased 600 shares of SLG, Inc. stock at a price of $41.20 a share. You then purchased put options on your shares with a strike price of $45.00 and an option premium of $1.10. At expiration, the stock was selling for $48.30 a share. You sold your shares on the option expiration date. What is your net profit or loss your transactions related to SLG, Inc. stock?A. $2,650
B. $3,250
C. $3,600
D. $4,150
E. $4,300
Answer
This answer is hidden. It contains 43 characters.
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