Multiple Choice
Gerold purchased 3 put option contracts at an option premium of $0.95 and a strike price of $40.At expiration,the stock price was $42.25 per share.What is his percentage return?
A) -100 percent
B) 0 percent
C) 15.79 percent
D) 21.62 percent
E) 31.58 percent
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q26: Selling a call option on stock which
Q50: Kathy implemented an option trading strategy consisting
Q52: A stock is currently selling for $20.65.A
Q53: You bought a put with a strike
Q56: What is the current price per underlying
Q58: You own two SPX put options with
Q60: Which of the following issue exchange-listed option
Q62: A 3-month put has a strike price
Q75: An option trading strategy that utilizes both
Q94: Which one of the following combinations creates