A trader writes 564 January put options on common shares of Carnival Corporation & plc. Lot size: 100 shares Strike price: 14.7 (on a per share basis) The price of the option is $3.5 (on a per share basis) What are the total gains / losses the trader faces, if price for the underlying shares at the time of option expiration is $12.1?

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Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.