Assume that you have shorted a put option (taken a short position on Abercrombie stock....
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Assume that you have shorted a put option (taken a short position on Abercrombie stock. When you sold wrote the put you received $3.00. The option wil expire in three months' time. The put option has a strike price of $18.00, Required: (show your work). Assuming Abercrombie stock in trading at $10.50 in three months, what will your payott bo? b) What will your profit bo? (5 points) For the toolbar, press ALT+F10 PC) or ALT-FN-F10 (Mac)
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