question archive Asaad sells a sell option to a supporter at a price of S 3 and an execution price of $ 60, if the share price on execution is equal to S 70, then - Assaad's Total Earned/Losses = Total Profits/Losses Achieved for Moayad

Asaad sells a sell option to a supporter at a price of S 3 and an execution price of $ 60, if the share price on execution is equal to S 70, then - Assaad's Total Earned/Losses = Total Profits/Losses Achieved for Moayad

Subject:FinancePrice:2.86 Bought5

Asaad sells a sell option to a supporter at a price of S 3 and an execution price of $ 60, if the share price on execution is equal to S 70, then - Assaad's Total Earned/Losses = Total Profits/Losses Achieved for Moayad

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Ans.
The total profits achieved by Assad = Premium he received for selling the sell option = $3

Therefore, the total profits earned by Assad = $3.

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