Determine the profit on writing one bluefish put option

Reference no: EM131947152

Question: Bluefish has a put option that trades with a strike price of $64. The put option premium is $9. Determine the profit/loss on WRITING one Bluefish put option if at the option's expiration the stock price is $59.

Place your answer with dollars and cents without a dollar sign. Enter negative answers with a "minus" sign. For example, if your answer is negative two dollars and seventy five cents, then enter -2.75.

Reference no: EM131947152

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