Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. suppose you bought a put option with a strike pric

Suppose you bought a put option with a strike price of $22 for $2. What...

50.1K

Verified Solution

Question

Finance

Suppose you bought a put option with a strike price of $22 for $2. What would be your payoff from this option if the underlying stock is worth $11 at option expiration?

PAYOFF NOT PROFIT.

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

Geometry
1.2K views

16 9 sqrt x 5 6 9 2 5 The answer above is NOT correct...

Biology
1.2K views

A rat poison called Warfarin has been widely used in many cities including New York...

Physics
1.2K views

Find out the surface charge density of infinite thin metalic sheet parallel to yz plane...

Algebra
1.2K views

Move the slider to sketch the graph of the given polar equation When finished position...

Algebra
1.2K views

valuate the following expression 4 2 5 23 4 2 5 23

Accounting
1.2K views

M2-8 (Static) Recording Simple Transactions LO 2-4 Following are the transactions...

Accounting
1.2K views

The Gilster Company, a machine tooling firm, has several plants. One plant, located...

Accounting
1.2K views

A five-year annuity that makes 30 bimonthly payments of $7,800 will begin 6 years from...

Accounting
1.2K views

what is e=mc^2

Accounting
1.2K views

Determining Company Performance and Retained Earnings Using the Accounting Equation Use your knowledge of accounting...

Accounting
1.2K views

pls help with balance sheet Use the following accounts with...

Accounting
1.2K views

Report 3: Data collection of Nestle.com International Business elements of the case . After...