1. If the current price of a stock is $120 per share and a put...

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Finance

1. If the current price of a stock is $120 per share and a put option with a strike of 115 is priced at 8.0. What stock price is needed to double your money with put options, assume you have $20,000?

2. You buy 12 three month call options on a stock with a strike price of 40, the current stock price is 43,

What will be the total value of the options if the stock price in 3 months is 47?

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