单选题
An options investor purchases one stock put option with the following characteristics:
Type of option: put option on Hock
Underlying asset: 100 shares of WalMart
Exercise price: $47.50 per share
Premium : $2.00 per share
Expiration date : October
If the expiration-day price of WalMart stock were $5000 per share, the profit/loss for the LONG put option would be:
【正确答案】
A
【答案解析】Max(O, X-S
T
) -P
t
=Max(0, 47.50-50.00) -2.00 =Max(0, -2.50) -2.00 =0- 2.00= -2.00