Examlex

Solved

You Own 5 Put Option Contracts on JL Industrial Stock

question 81

Multiple Choice

You own 5 put option contracts on JL Industrial stock. You paid an option premium of $1.15 for a strike price of $27.50. On the option expiration date, the stock was selling for $24 a share. What is your percentage return?


Definitions:

Population Increases

Refers to the growth in the number of individuals in a population over time.

Tree Base

The bottom part of a tree, including the roots and the lower trunk, crucial for stability and nutrient absorption.

Homoplasy

Homoplasy describes a character state similarity not due to shared descent (for example, produced by convergent evolution or evolutionary reversal).

Orthologs

Genes in different species that evolved from a common ancestral gene and retain the same function.

Related Questions