Assume the commission per trade is $20 plus $1.75 per contract. Stock Price (May 1) Price (Nov 1) IBM $185 $185 Manulife $26 $21 General Mills $6.25 $8.50 Barrick Gold $25 $30 If you purchase a 6 month PUT on 1,000 shares of General Mills on May 1 costing $0.70 per share, and exercisable at a strike price of $6.00... How much would you have gained or lost if you held the option to expiration?

Q: You purchased 1000 shares of IBM common stock on margin at $140 per share from your broker. If the…

A: Given: Number of shares purchased = 1000 Price = $140 Initial margin = 60%

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A:

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Q: You purchased 1000 shares of IBM common stock on margin at $140 per share from your broker. If the…

A: Number of shares purchased = 1000Price per share = $140Initial margin % = 60%

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A: Current Price = $120No of Put Options = 8Strike Price = $110Premium = $8

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