An investor buys 1,000 shares of AAPL at $61/ share and sells a put with...

90.2K

Verified Solution

Question

Finance

image
An investor buys 1,000 shares of AAPL at $61/ share and sells a put with a strike price of $62 for $10. The positions are closed when the stock is at $66. The gross gain on the transactions is: $ Round your answer to the nearest dollar An investor buys 1,000 shares of AAPL at $61/ share and sells a put with a strike price of $62 for $10. The positions are closed when the stock is at $66. The gross gain on the transactions is: $ Round your answer to the nearest dollar

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students