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Question
You purchased six put option contracts with a strike price of $30 and a premium of $0.90. At expiration, the stock was selling for $26.80 a share. What is the total net amount you received for your shares, assuming that you disposed of your shares on the expiration date?A. $17,955
B. $17,460
C. $17,045
D. $17,815
E. $17,160
Answer
This answer is hidden. It contains 39 characters.
Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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