Examlex

Solved

Kim Lee Purchased 6 Put Option Contracts on Eastern Imports

question 94

Multiple Choice

Kim Lee purchased 6 put option contracts on Eastern Imports stock at a strike price of $47.50.The option premium was $0.65.At expiration,the stock was valued at $44.90 a share.What is her percentage return?


Definitions:

Death Threats

Statements or indications that someone intends to kill or seriously harm another person.

Register To Vote

The process through which citizens enroll themselves with a governing authority to gain eligibility to participate in elections and referenda.

Cotton Sharecropping

A system of agriculture in which landowners allow tenants to use the land in return for a share of the crops produced on their portion of land, prevalent in the Southern United States post-Civil War.

Mechanical Cotton Picker

A machine that automates the cotton picking process, significantly impacting agricultural productivity and labor dynamics.

Related Questions