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soldier1979 [14.2K]
3 years ago
6

You think the price of AMZN stock, which is currently $900 is likely to change significantly over the next three months, you are

just not sure which direction. So you buy a long strangle position, with a call and put option, worth $10 and $3 per share, respectively, three months to expiration, and strike prices of 910 (call) and 890 (put). If at expiration AMZN is trading at $865, what is your net profit per share
Business
1 answer:
Brut [27]3 years ago
4 0
The net profit per share would be 600
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