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jeka57 [31]
3 years ago
15

The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the option price i

s $10. The trader makes a profit when the stock price is below _______________
Business
1 answer:
viva [34]3 years ago
6 0

Answer:

stock price is below $50

Explanation:

given data

price of a stock = $64

strike price =  $60

option price = $10

solution

we know here that stock sell for $60 and pay for $10

so that here price of stock is

stock price = $60 - $ 10

stock price = $50

and net profit will be

net profit = $10 - $10

net profit = 0

so that we can say stock price is less than $50 for trader for making profit 0 or greater than 0.

so price will be below than $50

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Answer:

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Answer:

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iogann1982 [59]

I assumed you typo 821 by $21 per unit, then the answer will be

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6 0
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