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An Investor Buys a Put with a Strike Price of $70

question 45

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An investor buys a put with a strike price of $70 at $3 per share. At expiration, the underlying stock is selling for $72. What is the profit or loss to the writer per share?


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Increase Decimal

A function in spreadsheet software that allows the user to display more decimals for numerical entries, providing greater precision.

Background Color

The color filling the back area of a document, webpage, or application interface, behind all text, images, or objects.

Conditional Formatting

A feature in data visualization and spreadsheet software that changes the appearance of cells based on certain conditions, making it easier to visually assess data.

Date Formats

Conventions for representing dates in writing, which vary widely around the world, typically including day, month, and year in various orders.

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