Problemit is april and a trader buys 100 september put, Ask an Expert

Finance

Problem:

It is April and a trader buys 100 September put options with a strike price of $20. The stock price is $17.37 and the option price is $5.21. At the expiration, the stock price becomes $18.89.

Task:

Question: Calculate the option profit to the trader. Please provide clear solution and calculations.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146294

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