You Purchase 5 Put Option Contracts with an Option Premium

question 65

Multiple Choice

You purchase 5 put option contracts with an option premium of $2.64 and a strike price of $60. If the stock price at expiration is $51.12, what is your percentage return?

• A) 116%
• B) 42%
• C) 164%
• D) 236%
• E) 183%

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Definitions:

Interpersonal Testing

A method to assess social skills, communication, empathy, and other interpersonal abilities that may affect one’s performance in a job or group setting.

Forming Stage

denotes the initial phase in team development where members meet and form their initial impressions, often characterized by polite interactions and exploration of team boundaries.

Team Effectiveness

The degree to which a team achieves its objectives, successfully manages its roles, and maintains a healthy internal environment.

Information and Material Resources

Assets in the form of data, information systems, and physical materials that are crucial for organizational operations.